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116 S Canal Street, Natchez, MS 39120 (MLS# 4111530)

116 S Canal Street, Natchez, MS 39120

$650,000
Property Type: Commercial Sale Square Footage: 14,985 Lot Size (sq. ft.): 25,700 Status: Closed
Current Price: $850,000 List Date: 4/28/2025 Last Modified: 9/24/2025

Overview

Description

High visibility corner location within walking distance of Historic Downtown Natchez and the Natchez Bluff. This property consist of a fully leased building on the northwest corner of Canal Street and State Street with a separate parking lot located on the southwest corner of Canal Street and Canal Street which is across State Street from the building. The building located at 116 Canal Street is a mixed use, multi tenant property that contains 14,958 of net leasable area. 6,913 sq ft heated and cooled are leased by Medicaid, 2001 heated and cooled sq ft are leased by The Pig Out Inn and 6,070 sq ft in warehouse space leased to various entities for storage. The warehouse space can easily be partitioned off to add additional heated and cooled space for lease. The parking area contains 0.23 acres and can park up to 30 cars at one time.

Listing Details MLS# 4111530

General Property Information

Approx Lot Size Acres
0.59
Approx H/C SqFt
14985
SqFt Source
Appraiser
List Price/SqFt
56.72
Year Built
1950
Year Built Source
Appraiser
Total Floors
Yes
School District
Natchez-Adams
Accessibility Features
No
Property Sub Type
Business
New Construction
No

Address and Location Information

Street Number
116
Street Direction
S
Street Name
Canal
Street Suffix
Street
County
Adams
State
MS
Zip Code
39120
Parcel Number
0001-0004-0001
Community Of
N/A

Listing Information

Property Sub Type
Business
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
7500
Tax Year
2024
Flood Insurance Required?
No
Leasehold Y/N
Yes
Legal Description
LOTS BEING LS 102-106 S/S STAT E 41-112A-52 INC 1-4-6(PARKING LOT)

Status Change Info

Contract Date/Pending Date
2025-08-19
Closing Date
2025-09-24
Sold Price/SqFt
43.38

Auction

Auction
No

More Information

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Remarks & Miscellaneous

Public Remarks
High visibility corner location within walking distance of Historic Downtown Natchez and the Natchez Bluff. This property consist of a fully leased building on the northwest corner of Canal Street and State Street with a separate parking lot located on the southwest corner of Canal Street and Canal Street which is across State Street from the building. The building located at 116 Canal Street is a mixed use, multi tenant property that contains 14,958 of net leasable area. 6,913 sq ft heated and cooled are leased by Medicaid, 2001 heated and cooled sq ft are leased by The Pig Out Inn and 6,070 sq ft in warehouse space leased to various entities for storage. The warehouse space can easily be partitioned off to add additional heated and cooled space for lease. The parking area contains 0.23 acres and can park up to 30 cars at one time.
Listing Office: Paul Green & Associates Realtors
Listing Agent: Glenn G Green
Last Updated: September - 24 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.