164 Center StCanton, MS 39046

Property Details for 164 Center St

Year built

1950

Property size (Sq ft)

2,099 SF

Property type

Office properties

Property subtype

Other office properties

APN

093D-19B-158

APU

093D19B158

Description

This exceptional 900-square-foot commercial property, located at 164 W Center Street in the heart of Canton, Mississippi's Historic Canton Square, presents a unique investment opportunity. Situated on a 0.06-acre lot, this general commercial space boasts an open floor plan, providing unparalleled flexibility for a diverse range of business ventures. Whether you envision a stylish retail establishment, a contemporary office setting, or a creative workspace, this adaptable layout caters to your specific needs. The property's prime location within the historic square offers unparalleled visibility and accessibility, benefiting from high foot traffic and the vibrant energy of the local community. The surrounding historic architecture adds to the unique charm and character of this exceptional offering. This is an ideal opportunity to establish a thriving business in a highly desirable and well-established area, benefiting from the rich history and strong community spirit of Canton. The asking price for this remarkable property is $169,500. Don't miss this chance to secure a prominent location in the heart of Historic Canton Square. The property's versatility and prime location make it an exceptional investment for any discerning business owner.

• CAP approach

  CAP return

  Valuation

  6%

  $302,433

  6.5%

  $279,169

  7%

  $259,228

• Comparable approach

  Method

  Valuation

  Relative Method

  $152,940

  Geo Method

  $409,431

• Alternative Use

  Use

  Valuation

  Residential

  $346,169

  Hospitality

  $317,089

  Educational

  $263,814

  Medical

  $272,887

  Retail

  $410,378

Location Insight

City

Canton

County

Madison

State

Mississippi

Latitude

32.6135

Longitude

-90.0336

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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