Magnolia Manor

Starkville, Mississippi
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USD $649,000
Asking Price
5
Guest Rooms
7
Baths

Property Overview

Step back in time in this historic antebellum home which was undoubtedly the showpiece of Starkville when it was built in 1917. This property is one block away from Starkville’s busy Main Street, and in the middle of the extensive redevelopment plan for the 182 corridor scheduled to begin soon. By upgrading the electrical, adding Smoke Alarm/Sprinkler system, and making it ADA compliant, the current owner has done all of the work needed to make this home ready to serve as a Bed and Breakfast, Event Center, Professional offices, or other commercial enterprise (Special Exception by the City of Starkville required). Previously used as an Event Center, this property has a commercial kitchen, plenty of room for guests in the 5 bedroom 7 bath home; and with 2.65 acres, plenty of room for parking/gathering. If that is not enough, there is a second home on the property that with a little TLC could be used as another source of income. You could live in the second home after repairs, and let the first produce the income to possibly cover both. The possibilities are endless for this historic piece of Starkville.


Property Description

1917
Year Built
5,488
Sq Ft
No Restaurant
Owners Quarters


Business Summary


Reason for Selling

Retirement


Location

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