Income Property! Commercial Rental Package! 101 and 103 Bates Street in Batesville SOLD! $295,000 2 Leased Office Buildings with 6,150 Total Heated Sq. Ft. Annual Taxes - $6,000 $36,000 Annual Income w/Renters Paying Utilities & Owner Responsible for Maintenance ~ 101 Bates is Rented to Diversified Crop Insurance at $1k per month through June 2020, and 103 Bates is rented to The MS Department of Rehabilitation Services at $2k per month through December 2022. 103 Bates has just gotten a brand new roof in 2018! BOTH renters have made recent building improvements at their own expense ~ MS Dept. of Rehab has added a new security system, and Diversified has just remodeled the interior - see pics!
Driving Directions: From I 55 take the Batesville exit west onto Hwy. 6. Take 6 west to Bates Street. Turn left (south) onto Bates, and the buildings will be on the left. To begin the virtual tour, click on a photo below.