308 E Pearl St - Office/Residential FOR SALE


Jackson, MS 39201- City Center Jackson
$5,200,000 USD
601-624-8511
308 E Pearl St, Jackson, MS for Sale
$5,200,000 USD
Office/Residential - FOR SALE
1/120
null | Request Cap Rate

308 E Pearl St
Jackson, MS 39201
City Center Jackson


HIGHLIGHTS

  • One Block to Governor's Mansion, City Hall and Adjoins Capital Towers
  • Ten Stories with First Floor Retail, Seven Floors of Traditional Office Spaces and Fifteen Residential Units on Top Two Floors
  • Built in 1930 and completely renovated in 2004, Electric 308 is the perfect blend of timeless architecture with modern amenities

OVERVIEW

Electric 308, a part of the Smith Park Architectural District Historical Register, is a historic gem nestled in downtown Jackson, Mississippi. Originally constructed in 1930, this distinguished property underwent a complete renovation in 2004, blending its timeless architecture with modern amenities to create a space that epitomizes both charm and functionality. Home to Entergy Mississippi’s headquarters, JBHM Architects and the Jackson Convention and Visitor’s Bureau, the prime location is the heart of Jackson's urban landscape offering unparalleled visibility and accessibility for businesses seeking prominence and convenience. With its historic facade and contemporary interiors, 308 E. Pearl St. presents a unique opportunity to own a piece of Jackson's rich heritage while enjoying the comforts of modern living. The mixed-use property is ideally suited for a variety of uses, including retail, dining, office space and other creative ventures in addition to its fifteen residential units occupying the top two floors. Its strategic position amidst a vibrant mix of cultural attractions, boutique shops, and renowned restaurants ensures a steady flow of foot traffic and exposure for businesses looking to thrive in downtown Jackson. More than just a property—it's a testament to Jackson's storied past and vibrant future. With its blend of historic character and modern amenities, this iconic space offers limitless possibilities for entrepreneurs and investors alike. Seller financing available.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Electric 308 Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

A

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

CBD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

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601-624-8511

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Scott OverbyOverby CommercialMore Info
601-624-8511

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