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117 B Fourth St Nw, Flora, MS 39071 (MLS# 4115883)

117 B Fourth St Nw, Flora, MS 39071

$1,332,000
Property Type: Commercial Sale Square Footage: 217,800 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $1,332,000 List Date: 6/10/2025 Last Modified: 8/19/2025

Overview

Description

Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls. Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts. With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential. The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place. Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.

Listing Details MLS# 4115883

General Property Information

Approx Lot Size Acres
5
Lot Size Dimensions
5 AC +/-
Approx H/C SqFt
217800
SqFt Source
Other
List Price/SqFt
6.12
Year Built
1922
Year Built Source
Public Records
Total Floors
Yes
Accessibility Features
No
Property Sub Type
Mixed Use
New Construction
No

Property Features

Possible Use: Commercial; Development; Multi-Family; Office Commercial Features: 220 Volt Power Ceiling Height: 11' - 12.9' Electricity Features: 220 Volts Lot Features: City Lot Location: Airport 3+ Miles; Paved Levels: One Square Footage Description: Other Covenants And Restrictions: Other Walls - Interior: Plaster; Sheetrock Lighting: Fluorescent; Other Flooring: Concrete Cooling: 220 Volts; Central Air Utilities: Electricity Connected; Natural Gas Available; Sewer Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Roof: Asphalt; Flat Exterior Features: Tennis Court(s) Driveway Features: Paved Drive Parking Features: Parking Lot; Paved Additional Transportation: Airport 3+ Miles; City Street; Paved Price Includes: All Furnishings; Building and Land Available Documents: Brochure; Land Survey; Maps; Photographs Disclosures: None

Address and Location Information

Street Number
117 B
Street Name
Fourth St Nw
County
Madison
State
MS
Zip Code
39071
Nearest Cross Street
Fourth St and Jackson St
Parcel Number
051d-17a-016 Part
Community Of
N/A

Listing Information

Property Sub Type
Mixed Use
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
6451
Tax Year
2024
Flood Insurance Required?
No
Leasehold Y/N
No
Legal Description
5.00 AC +/- S17 T8N R1W fronting 4th St

Auction

Auction
No

More Information

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Location

Airport 3+ Miles
Yes
City
Yes
Paved
Yes

Remarks & Miscellaneous

Public Remarks
Welcome to a rare development opportunity in the heart of Flora, MS. This 5.0 acre property within the city limits offers historic charm with modern potential. The property's main feature is a stately, 14,044 square foot school with solid brick walls. Also included is a 5,300 square foot theater with a large stage and supporting amenities, a fully equipped 4,800 square foot cafeteria, and two tennis courts. With its architectural significance and timeless character, the property may qualify for Federal and State Historical tax credits. The property lies within the new Flora Station well-positioned for various transformative projects from upscale residential conversions to mixed-use developments. Recent investments in Flora, including Entergy Mississippi's $30 million project and the Amazon/Megasite facility, underscore the area's growth and development potential. The location offers excellent visibility and accessibility, with frontage on Fourth Street and Jackson Street. As part of the Madison County School District and with city water and sewer services available, the groundwork for future development is already in place. Floras comprehensive plan encourages the kind of adaptive reuse this site makes possible preserving the past while embracing progress. Let your vision come to life here in Madison County.

Possible Use

Commercial
Yes
Development
Yes
Multi-Family
Yes
Office
Yes

Lot Features

City Lot
Yes

Covenants And Restrictions

Other
Yes

Levels

One
Yes

Sewer

Public Sewer
Yes

Commercial Features

220 Volt Power
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Utilities

Electricity Connected
Yes
Natural Gas Available
Yes
Sewer Connected
Yes

Ceiling Height

11' - 12.9'
Yes

Electricity Features

220 Volts
Yes

Walls - Interior

Plaster
Yes
Sheetrock
Yes

Square Footage Description

Other
Yes

Flooring

Concrete
Yes

Cooling

220 Volts
Yes
Central Air
Yes
Electric
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Asphalt
Yes
Flat
Yes

Exterior Features

Tennis Court(s)
Yes

Driveway Features

Paved Drive
Yes

Parking Features

Parking Lot
Yes
Paved
Yes

Lighting

Fluorescent
Yes
Other
Yes

Price Includes

All Furnishings
Yes
Building and Land
Yes

Available Documents

Brochure
Yes
Land Survey
Yes
Maps
Yes
Photographs
Yes

Disclosures

None
Yes

Additional Transportation

Airport 3+ Miles
Yes
City Street
Yes
Paved
Yes
Listing Office: Tom Smith Land & Homes
Listing Agent: Tom N Smith
Last Updated: August - 19 - 2025
Broker Attribution: 6014549397

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.