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    305 W Market St Greenwood, MS 38930

    Sponsored
    For Sale
    $1,150,000

    COMMERCIAL - Greenwood, MS

    Type:Apartment
    Property size:
    24,255 SF
    Lot size:
    0.35 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 305 W Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    APN
    08510032500100
    Size
    24,255 SF
    Lot size
    0.35 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Flooring type
    Linoleum

    Powers Properties (601) 831-4505 [email protected]

    Listing agent Pam Powers (662) 374-4428 License #B12007

    Listing date Jan 5, 2026

    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.

    Overview

    Historic Greenwood Building For Sale

    Located in the historic district of downtown Greenwood, MS, this well-preserved, early 20th-century building presents a blend of retail and residential possibilities. The structure features classic architectural details and a facade that balances grandeur with subtlety. Large windows provide ample natural light. The ground floor is suitable for retail spaces, such as boutiques, restaurants, and cafes, while the upper floors could be converted into luxury apartments with high ceilings and modern amenities. Its location is directly across from the Courthouse and convenient to restaurants, banks, professional offices and a vital downtown. The property is an attractive option for businesses and residents, contributing to the revitalization of the district. The building may qualify for historic tax credits, which could help offset renovation costs while preserving its architectural integrity. The owner will lease back portions of the building for attorney offices. The space housing a former restaurant has been leased for a new restaurant. The property has a size of 24255 square feet and sits on a lot of 0.35 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Leflore
    State
    Mississippi
    Longitude
    -90.183999
    Latitude
    33.520096

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    FAQs

    What type of property is this?
    Mixed-use property - Historic mixed-use building in downtown Greenwood, MS.
    Where is this mixed-use property located?
    The property is located at 305 W Market St Greenwood, MS.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime downtown Greenwood location directly across from the Courthouse.; - Historic building eligible for historic tax credits.; - Potential for mixed-use development: **retail/commercial on the ground floor and luxury apartments above.**
    (601) 831-4505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 W Market St Greenwood, MS 38930
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