Bay East 325

Property Information
Status Active
Address 345 East Bay Street
City Magnolia
Price $150,000
Square Footage Range 5940
Beds 0
Baths 0
Acreage 0.42
County Pike
School District
LDX MLS Number MS653645
MLS Number 134109

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Property Description

Lots of possibilities - the choices are up to you. You could switch from renting to owing your business location, invest for for rental income (based on current rental postings, it could generate $1,650/mo in gross rents), or both. This large building is in a prime location at 345 East Bay Street (Hwy 48), Magnolia. Traffic count maps show that, on average, 7,100 vehicles pass by this property every day, making it one of the town's most visible locations. The building is divided into 3 spaces. The west space contains approximately 2,640 sq ft plus cavernous storage in the attic and an add-on space at the back of the building. It is available for rent at $650/mo. The center space contains approximately 1,584 sq ft and is currently rented for $450/month. The west space contains approximately 1,716 sq ft and is set up as a restaurant, including furniture, fixtures, and equipment. It is available for rent at $550/mo. Call today to schedule a viewing!



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