46 Northtown Dr - Fitness Center: The Courthouse
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46 Northtown Dr - Fitness Center: The Courthouse
59,337 SF Sports & Entertainment Building Offered at $4,527,545 CAD in Jackson, MS 39211
INVESTMENT HIGHLIGHTS
- Owner user opportunity to purchase a 59,337 SF facility with a robust infrastructure and recently underwent a $1.2 million renovation.
- The Courthouse can easily accommodate sports, fitness, retail, entertainment, office/flex, multifamily, educational, and health care uses.
- Be immersed in property attributes of 25 foot clear heights, reinforced concrete slabs, and 3-phase electrical power.
- Recreation-oriented, find an Olympic-sized pool, 15 indoor/outdoor tennis courts, 54 pickle ball courts, and a health and fitness facility.
- Conveniently located 15 minutes from Downtown Jackson and 27 minutes from Jackson-Medgar Wiley Evers International Airport (JAN).
- Nearby Jackson Country Club, Ross R Barnett Reservoir, and seamless access to Interstate 55 and Natchez Trace Parkway.
EXECUTIVE SUMMARY
The Courthouse at 46 Northtown Drive presents a unique opportunity for lease or purchase in Jackson, Mississippi. Encompassing 59,337 square feet across 6.58 acres, this recently renovated facility, with $1.2 million invested from 2021 to 2024, offers an abundant amount of potential uses, including sports, fitness, entertainment, retail, office flex/tech, multifamily, public storage, educational, worship, events, health care, and physical therapy.
Discover a robust infrastructure with clear heights up to 25 feet, three-phase electrical power, and a reinforced concrete slab with concrete piers and footings at The Courthouse. This superb property also includes a rigid steel frame with vertical and horizontal steel I-beams and six-inch to 8-inch, 18-gauge steel studs 24 inches on center.
Built for recreation and entertainment, this property provides an outdoor and indoor pool, 12 outdoor tennis courts or, 44 outdoor pickleball courts, three indoor tennis or, 10 pickleball courts. Inside the health and fitness facility there are multiple indoor spaces, that are perfect for dance, yoga, spinning, barre, and/or Pilates studio. Additional attractions include proximity to Jackson Country Club and Ross R Barnett Reservoir, ensuring a desirable location adjacent to multifamily residences, public storage, retail outlets, and offices.
Located In the heart of Jackson, getting around town from the entertainment facility is effortless, with just a 15-minute drive to Downtown Jackson and a 27-minute journey to Jackson-Medgar Wiley Evers International Airport (JAN). Seamless access to Interstate 55 and Natchez Trace Parkway further enhances the property's accessibility to residential communities and neighboring cities. The Courthouse is the perfect fit for potential tenants or buyers seeking a dynamic commercial or community-oriented space in the heart of Mississippi's capital city.
Discover a robust infrastructure with clear heights up to 25 feet, three-phase electrical power, and a reinforced concrete slab with concrete piers and footings at The Courthouse. This superb property also includes a rigid steel frame with vertical and horizontal steel I-beams and six-inch to 8-inch, 18-gauge steel studs 24 inches on center.
Built for recreation and entertainment, this property provides an outdoor and indoor pool, 12 outdoor tennis courts or, 44 outdoor pickleball courts, three indoor tennis or, 10 pickleball courts. Inside the health and fitness facility there are multiple indoor spaces, that are perfect for dance, yoga, spinning, barre, and/or Pilates studio. Additional attractions include proximity to Jackson Country Club and Ross R Barnett Reservoir, ensuring a desirable location adjacent to multifamily residences, public storage, retail outlets, and offices.
Located In the heart of Jackson, getting around town from the entertainment facility is effortless, with just a 15-minute drive to Downtown Jackson and a 27-minute journey to Jackson-Medgar Wiley Evers International Airport (JAN). Seamless access to Interstate 55 and Natchez Trace Parkway further enhances the property's accessibility to residential communities and neighboring cities. The Courthouse is the perfect fit for potential tenants or buyers seeking a dynamic commercial or community-oriented space in the heart of Mississippi's capital city.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Tennis Court
- Air Conditioning
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Jala La Jarra | Grill | - | 10 min walk |
| Subway | - | - | 10 min walk |
RETAIL |
||
|---|---|---|
| Aflac | Insurance | 6 min walk |
| Health Mart Pharmacy | Drug Store | 9 min walk |
| Trustmark | Finance Company | 10 min walk |
| Circle K, Inc. | Convenience Market | 10 min walk |
HOTELS |
|
|---|---|
| Homewood Suites by Hilton |
91 rooms
8 min drive
|
| Staybridge Suites |
92 rooms
8 min drive
|
| Residence Inn |
100 rooms
9 min drive
|
| Residence Inn |
95 rooms
12 min drive
|
PROPERTY TAXES
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,219,467 CAD (2023)
Improvements Assessment
$1,704,305 CAD (2023)
Total Assessment
$2,923,773 CAD (2023)
Annual Taxes
-$57,329 CAD (-$0.97 CAD/SF)
Tax Year
2024 Payable 2025
ZONING
| Zoning Code | C-3 (General Commercial District) |
| C-3 (General Commercial District) |
ABOUT THE SELLER
Read More
OTHER PROPERTIES IN THE PROVISIONS, LLC PORTFOLIO
SALE ADVISORS
SALE ADVISORS
Kenyotta Brown, Asset Manager
(248) 988-9341 x1104
Contact
Project and Asset Manager at ProVisions, LLC in Troy, Michigan.
Murray Wikol, CEO
(248) 988-9341
Contact
Responsible for the development, ownership, finance and management of businesses and real estate valued in excess of $10.4 Billion. Recognized leader in the operations, equity/debt fundraising, sales/marketing, and strategic planning aspects of corporate, public sector, and health care initiatives.
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