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9142 Railroad Ave 9142 Railroad Ave 4,027 SF 100% Leased Office Building Olive Branch, MS 38654 $451,546 CAD ($112.13 CAD/SF)



Investment Highlights
- Investment Property near Old Town; Remodeled Historic Home
- 2.5 acre lot
Executive Summary
Commercial Office or Investment Potential ~ Could be professional office with convenient access to City Hall ~ Could also make a good long-term or short-term rental Updated and Remodeled Historic Home on a private 2.5 acre lot in the heart of Olive Branch near Old Town District ~ 3 Bedrooms, 2 Bathrooms, and Front/Rear Porches with 1842sf ~ Circular Drive welcomes you as you step back in time to a charming 100 year old restored home ~ Gorgeous refinished hardwood floors throughout ~ 11 Foot Ceilings in the main Living Room with decorative brick FP, heavy baseboards, over-sized window, and transoms ~ Open Dining Room connects to a separate Family Room / Keeping Room with Wood Paneling and Built-In Bookshelves ~ Kitchen has a Breakfast Area, Double Windows, Stainless Appliances including Fridge, LVP flooring, and tons of counter and cabinet space ~ Primary Bedroom has 11' Ceilings, Fan, wood floors, and 2 large closets ~ Primary Bath has been updated with furniture granite vanity, framed mirror, tile floors, and tile shower ~ Bedrooms 2 and 3 are nicely-sized with ceiling fans and double windows next to an Updated Bathroom 2 with tile floors and walk-in tile shower ~ Great Laundry Room with shelving and Washer/Dryer are included ~ Outside find a great Rear Porch and a Detached garage / shop ~ Additional Features: NEW 30-Year Architectural Shingle Roof in 2022, Ring Doorbell Camera, Tankless Water Heater, Attic space, all public utilities, fiber internet, and more. Great opportunity with several possible uses, including commercial and residential.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,027 SF
Building Class
C
Year Built
1905
Price
$451,546 CAD
Price Per SF
$112.13 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,842 SF
Building FAR
0.04
Lot Size
2.19 AC
Zoning
Residential - Will need to be re-zoned to commercial if that is the intended use.
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
- Fiber Optic Internet
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1068270030001800 | Improvements Assessment | $10,580 CAD |
| Land Assessment | $2,745 CAD | Total Assessment | $13,325 CAD |
Property Taxes
Parcel Number
1068270030001800
Land Assessment
$2,745 CAD
Improvements Assessment
$10,580 CAD
Total Assessment
$13,325 CAD
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9142 Railroad Ave | 9142 Railroad Ave
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