118 NW Fourth St Nw Street, Flora, MS 39071 (MLS# 4115886)
118 NW Fourth St Nw Street, Flora, MS 39071
$997,000
Property Type:
Commercial Sale
Square Footage:
84,506
Lot Size (sq. ft.):
84,506
Status:
Active
Current Price:
$997,000
List Date:
6/10/2025
Last Modified:
8/19/2025
Overview
Description
This 13,700-square-foot gymnasium, built in approximately 1970, features original locker rooms, bleachers, and concession facilities. It is located on 1.94 acres within Flora's city limits and offers prime frontage on Fourth and Jackson Streets. The property lies within the new Flora Station and is ideal for adaptive reuse projects such as a community center, fitness facility, condominiums, or an event venue, providing opportunities for creative redevelopment. 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 property is currently being leased and generating monthly income, offering additional potential revenue for future owners.
Listing Details MLS# 4115886
General Property Information
- Approx Lot Size Acres
- 1.94
- Lot Size Dimensions
- 1.94 Ac
- Approx H/C SqFt
- 84506
- SqFt Source
- Other
- List Price/SqFt
- 11.8
- Year Built
- 1958
- Year Built Source
- Public Records
- Accessibility Features
- No
- Property Sub Type
- Mixed Use
- New Construction
- No
- Total Floors
- 0
Property Features
Current Use:
Other
Possible Use:
Multi-Family; Recreational
Structure Type:
See Remarks
Ceiling Height:
31' or More
Electricity Features:
220 Volts
Lot Features:
City Lot; Corner Lot
Location:
Airport 3+ Miles; Corner Lot; Paved
Levels:
One
Square Footage Description:
Warehouse 5000-20000 SF
Seating:
500-750
Covenants And Restrictions:
Other
Walls - Interior:
ICFs (Insulated Concrete Forms)
Lighting:
High Pressure Sodium
Flooring:
Concrete; Wood
Cooling:
Central Air
Heating:
Natural Gas
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Sewer:
Public Sewer
Water Source:
Public
Foundation Details:
Slab
Listing Terms:
Cash; Conventional
Roof:
Shingle; Tile
Driveway Features:
Concrete Drive
Parking Features:
On Site; Outside; Parking Pad; Paved; Unpaved
Additional Transportation:
Airport 3+ Miles; City Street; Paved
Water Heater:
Gas
Price Includes:
Building and Land
Available Documents:
Brochure; Land Survey; Maps; Photographs
Address and Location Information
- Street Number
- 118
- Street Direction
- NW
- Street Name
- Fourth St Nw
- Street Suffix
- Street
- County
- Madison
- State
- MS
- Zip Code
- 39071
- Nearest Cross Street
- Jackson St and Fourth St
- Parcel Number
- 051d-17a-112, 051d-17a-136, 51d-17a-137
- Community Of
- N/A
Listing Information
- Property Sub Type
- Mixed Use
- Listing Service
- Full Service
Tax and Financial Information
- Tax Annual Amount
- 4344
- Tax Year
- 2024
- Flood Insurance Required?
- No
- Leasehold Y/N
- No
- Legal Description
- 1.94 AC +/- S17 T8N R1W
Auction
- Auction
- No
More Information
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Location
- Airport 3+ Miles
- Yes
- City
- Yes
- Corner Lot
- Yes
- Paved
- Yes
Remarks & Miscellaneous
- Public Remarks
- This 13,700-square-foot gymnasium, built in approximately 1970, features original locker rooms, bleachers, and concession facilities. It is located on 1.94 acres within Flora's city limits and offers prime frontage on Fourth and Jackson Streets. The property lies within the new Flora Station and is ideal for adaptive reuse projects such as a community center, fitness facility, condominiums, or an event venue, providing opportunities for creative redevelopment. 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 property is currently being leased and generating monthly income, offering additional potential revenue for future owners.
Current Use
- Other
- Yes
Structure Type
- See Remarks
- Yes
Possible Use
- Multi-Family
- Yes
- Recreational
- Yes
Lot Features
- City Lot
- Yes
- Corner Lot
- Yes
Covenants And Restrictions
- Other
- Yes
Levels
- One
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Ceiling Height
- 31' or More
- Yes
Electricity Features
- 220 Volts
- Yes
Walls - Interior
- ICFs (Insulated Concrete Forms)
- Yes
Square Footage Description
- Warehouse 5000-20000 SF
- Yes
Flooring
- Concrete
- Yes
- Wood
- Yes
Seating
- 500-750
- Yes
Cooling
- Central Air
- Yes
Heating
- Natural Gas
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Roof
- Shingle
- Yes
- Tile
- Yes
Driveway Features
- Concrete Drive
- Yes
Parking Features
- On Site
- Yes
- Outside
- Yes
- Parking Pad
- Yes
- Paved
- Yes
- Unpaved
- Yes
Lighting
- High Pressure Sodium
- Yes
Water Heater
- Gas
- Yes
Price Includes
- Building and Land
- Yes
Available Documents
- Brochure
- Yes
- Land Survey
- Yes
- Maps
- Yes
- Photographs
- 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.