$110,000

Invest in the heart of downtown Clarksdale with this historic circa-1900 commercial property offering immediate rental income and a prime Delta Avenue location. Currently home to the central office of the Juke Joint Festival, this approximately 2,151-square-foot space offers an opportunity to purchase an established downtown property with a tenant already in place. The property features a classic brick exterior, TPO roof, central heat and air, and a storefront opening directly onto Delta Avenue with large display windows. The interior offers flexible retail and office space with a restroom, while a covered rear entrance provides additional access and potential for a future configuration with commercial space in front and residential space in the rear, subject to applicable approvals. The property sits beside a public courtyard and lighted pedestrian walkway connecting Delta Avenue to Sunflower Avenue and is just steps from the Delta Blues Museum, Ground Zero Blues Club, restaurants, shops, music venues, and other downtown attractions. This commercial space is part of a mixed-use building consisting of ground-floor commercial units and residential units above. The property is subject to an HOA with monthly dues of $500, which currently include property taxes, building insurance, and maintenance of common areas, including the roof. This unit has its own 911 address and is being offered for sale separately. Whether purchased as an investment with an established tenant or for a future commercial or mixed-use vision, 243 Delta Avenue offers an affordable opportunity to own a piece of historic downtown Clarksdale in the center of the city's blues and tourism district. Current lease in place. Please inquire for additional details.