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Historic Downtown Retail & Restaurant Building
For Sale
$295,000

123 W Main Street, Carthage, MS 39051

Commercial Sale, Carthage, MS

Property Size6,000 SF
Lot Size0.08 Acres
Price / SF$49.17
Days on Market204

Property Features for 123 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Directions GPS FRIENDLY
Standard status Active
APN 09112bf03
Size 6,000 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT LOT 3 BLK 7 ORIG SURVEY S/T/R 12 -10 -07E BLOCK
Tax Annual Amount 2212
Legal Description PT LOT 3 BLK 7 ORIG SURVEY S/T/R 12 -10 -07E BLOCK

Building Details

Year built 1900
Floors in Building 1
Listing Agency: McKee Realty, Inc.
Listed By: Debbie Walker · License #B21736
Added: Feb 2 Changed: Aug 19 Last Checked: Aug 25 at 3:06AM
MLS# 4137940

Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This historic retail and restaurant building at 123/125 W Main St was built in 1900 and offers an open layout totaling approximately 6,000 square feet. The property has a new roof as part of ongoing modern updates. An on-site feature includes shipping containers that can either remain for a creative buildout or be removed to suit the buyer’s concept.

A portion of the building is identified as approximately 1,000 square feet and can be adapted for uses such as restaurant or office, as reflected in the seller’s conceptual plan. A conceptual design also envisions a six-unit retail mini mall configuration.

The site is described as zoned for flexible use, with confirmation requested through local authorities. The property is positioned in the heart of the historic downtown district, with shops, restaurants, and cultural anchors nearby.

Key Highlights

  • 6,000 SF commercial property at 123/125 W Main St in the historic downtown district
  • Built in 1900 with modern updates already started, including a new roof
  • Open layout plus shipping containers on‑site, which can stay for buildout or be removed

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby
91k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 33% Apparel 14% Groceries 14%
SONIC Drive In Dining
14,327 visits/mo 0.2 miles
Piggly Wiggly Groceries
12,313 visits/mo 0.2 miles
Bealls Apparel
9,953 visits/mo 0.4 miles
Dollar General Shops & Services
8,822 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
8,795 visits/mo 0.5 miles

Demographics for 39051, MS

15,677
Population
6,637
Households
2.4
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
430.7 sq mi
ZIP Area
36
Density / Sq Mi
$45,777
Median Household Income
$31,635
Median Earnings
$691
Median Rent
$113,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Built in 1900 at 123 W Main St, the property includes a new roof and open layout with an optional 1,000 sq ft section.
Where is this shopping center located?
The property is located at 123 W Main Street Carthage, MS.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 6,000 SF commercial property at 123/125 W Main St in the historic downtown district; Built in 1900 with modern updates already started, including a new roof; Open layout plus shipping containers on‑site, which can stay for buildout or be removed
More about this property
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