Port Street, Madison, MS 39110

$375,000
Property Type: Land Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $375,000 List Date: 3/07/2026 Last Modified: 3/09/2026

Description

Incredible opportunity to develop a premier 3-story mixed-use building in the heart of Lost Rabbit. Perfectly positioned for high visibility and harbor-style living. Skip the guesswork, a full set of architectural construction drawings is available upon request. Whether you're looking to build a flagship office or a luxury condos with street-level retail, this is the location you've been waiting for.

More Information MLS# 4141684

Address and Location Information

Street Number Assigned?: No Lot #: 5021 Parcel Number: 072a-12c-093/00.00 Community Of: N/A Street Name: Port Street Suffix: Street County: Madison State: MS Zip Code: 39110 Subdivision: Lost Rabbit

Location

Commercial Retail: 1 Downtown/Urban: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-03-07 List Price: $375,000 Current Price: $375,000 Property Sub Type: Unimproved Commercial Lot for Sale

General Property Information

Property Sub Type: Unimproved Commercial Lot for Sale Approx Lot Size Acres: 0.17 Lot Size Dimensions: .168 Expandable Area: No List Price/Acre: 2205882.35 Divisible: No

Tax and Financial Information

Tax Annual Amount: 601 Tax Year: 2025 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Leasehold Fee: 6000 Association: Yes Covenants Y/N: Yes Legal Description: .168 AC OUT NW1/4 SW1/4 - A/K/A - ( LOT 50210 - THE TOWN OF LOST RABBIT )

Remarks & Miscellaneous

Public Remarks: Incredible opportunity to develop a premier 3-story mixed-use building in the heart of Lost Rabbit. Perfectly positioned for high visibility and harbor-style living. Skip the guesswork, a full set of architectural construction drawings is available upon request. Whether you're looking to build a flagship office or a luxury condos with street-level retail, this is the location you've been waiting for.

Current Use

Commercial: 1 Mixed Use: 1

Possible Use

Residential: 1 Retail: 1

Land Details

Legally Subdivided: No

Lot Features

Corner Lot: 1

Covenants And Restrictions

Architectural Review: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes

Showing Requirements

Showing: Show Any Time

Utilities

Cable Available: 1

Horse Amenities

Horse Amenities: No

Property Features

Current Use: Commercial; Mixed Use Possible Use: Residential; Retail Location: Commercial Retail; Downtown/Urban Lot Features: Corner Lot Covenants And Restrictions: Architectural Review Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional Utilities: Cable Available
Listing Office: Taylor Realty Group, LLC
Listing Agent: Donna Taylor
Last Updated: March - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.