436 Peace StCanton, MS 39046

Property Details for 436 Peace St

Year built

1965

Property size (Sq ft)

1,700 SF

Property type

Office properties

APN

092F-24A-109

APU

092F24A109

Description

This unique 16,241 square foot property located at 436 W Peace Street in Canton, Mississippi presents a rare investment opportunity. Situated on a 1.3-acre lot in the heart of Canton's historic district, this former cotton gin offers unparalleled potential for adaptive reuse. Its prime location provides easy access to the railroad and Canton Square, ensuring high visibility and convenient access for any business. The expansive interior space allows for a multitude of uses, making it ideal for a variety of commercial ventures. Imagine the possibilities: a vibrant mixed-use development, a unique event space, or a creative industrial workspace. The building's substantial size and versatile layout offer ample room for customization and expansion. The property's substantial size and location within the historic district offer a blend of character and convenience. The over one-acre lot provides ample outdoor space, perfect for parking, outdoor seating, or additional development. This is a truly exceptional opportunity to acquire a landmark property with significant upside potential in a thriving Mississippi community. The asking price for this remarkable property is $299,000. Don't miss this chance to own a piece of Canton's rich history and shape its future.

• CAP approach

  CAP return

  Valuation

  6%

  $244,943

  6.5%

  $226,101

  7%

  $209,951

• Comparable approach

  Method

  Valuation

  Relative Method

  $123,868

  Geo Method

  $331,602

• Alternative Use

  Use

  Valuation

  Residential Income

  $280,366

  Hospitality / Lodging

  $256,813

  Institutional / Educational

  $213,666

  Healthcare / Senior Housing

  $221,014

  Retail / Commercial

  $332,369

Location Insight

City

Canton

County

Madison

State

Mississippi

Latitude

32.613

Longitude

-90.04

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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