130-132 W Bankhead St., New Albany, MS 38652

Building Details

Floors in Building

3

Architectural style

Other

Listing agent Chanda Cossitt License #S-42740 Show Phone

Listing office TM REALTORS t***@tmhomes.com 210 E. Main St., TUPELO, MS 38804, Tupelo, MS Show Phone

Listing date Jun 1, 2026

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MLS# 26-872 Listing URL

Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This mixed-use property consists of historical buildings known as Hamilton Place, featuring shops on the first floor and apartments on the second floor. The residential units are reported to be at 100% occupancy. The property also presents an opportunity to develop a third-floor penthouse for additional income, subject to verification. In addition, an adjacent nail salon space is included, currently described as 1,000 square feet.

Located in the heart of downtown New Albany at 130-132 W Bankhead St., the buildings are positioned for street-level retail activity with residential units above. The listing describes downtown access and a built-in mixed-use arrangement that supports combining consumer-facing services with on-site living.

For tenants and buyers seeking a combined commercial-and-residential setup, the first-floor shop configuration can support retail and service concepts, while the second-floor apartments provide an income-producing residential component. The included adjacent nail salon adds an additional service use to the overall mix. All statements regarding occupancy, development potential, and details are noted as subject to verification.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New Albany

County

Union

State

Mississippi

Longitude

-89.009747

Latitude

34.494218

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FAQs

What type of property is this?

Mixed-use property - Two-story building with first-floor shops and fully occupied second-floor apartments, plus an adjacent nail salon space.

Where is this mixed-use property located?

The property is located at 130-132 W Bankhead St. New Albany, MS.

What is the asking price?

The asking price for this property is $2,990,000.

What are key features of this property?

This property features: 100% Occupancy of Existing Apartments; Potential for Developing a 3rd Floor Penthouse for Additional Income; Prime Location in the Heart of Downtown New Albany