For Sale
$1,150,000

305 Market St Greenwood, MS 38930

Downtown Greenwood, MS - Prime Location

Overview

Added:
Feb 3
Days on market:
79
This exceptional 24,255 square foot commercial building sits on a 0.35-acre lot in Greenwood, Mississippi's historic district, directly across from the courthouse. The well-preserved early 20th-century structure boasts classic architectural details, including a grand yet understated brick facade and large windows that flood the interior with natural light. Its prime downtown location offers unparalleled convenience, with proximity to restaurants, banks, and professional offices, contributing to the area's revitalization efforts. The building's versatility allows for a blend of commercial and residential uses. The ground floor is ideal for retail spaces such as boutiques, restaurants, or cafes, while the upper floors are perfect for conversion into luxury apartments, capitalizing on high ceilings and the potential for modern amenities. This unique opportunity presents a chance to combine historic charm with contemporary living. The property is eligible for historic tax credits, significantly reducing renovation costs while preserving its architectural integrity. To ensure continued vibrancy, the owner will lease back a portion of the building for their attorney offices, guaranteeing a thriving presence within Greenwood's historic fabric. This mixed-use development promises to be a cornerstone of the community's ongoing growth and development, offering a compelling investment opportunity in a desirable location. The asking price for this landmark property is $1,150,000.

Property Details for 305 Market St

Property type
Commercial real estate
Square Feet
24,255 SF
Year Built
1920
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Greenwood
County
Leflore
State
Mississippi
Latitude
33.51988
Longitude
-90.184

FAQs

What type of property is this?
Commercial real estate - Downtown Greenwood, MS - Prime Location
Where is the commercial real estate located?
The property is located at 305 Market St Greenwood, MS.
What is the asking price?
The asking price for this property is $1,150,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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305 Market St
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