436 Peace StCanton, MS 39046
- Office properties
- 1,700 SF
Property Details for 436 Peace St
- Year built
- 1965
- Property size (Sq ft)
- 1,700 SF
- Property type
- Office properties
- Property subtype
- Other 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
- $280,366
- Hospitality
- $256,813
- Educational
- $213,666
- Medical
- $221,014
- Retail
- $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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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