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    405 North Main St Water Valley, MS 38965

    For Sale
    $394,000

    Commercial - Water Valley, MS

    Property size:
    2,413 SF
    Days on Market:
    64
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 405 North Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    15
    Interior features
    Cable Tv Available, Electric-circuit Breaker
    Size
    2,413 SF

    Utilities

    Utilities
    Cable Available, Electricity Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1920
    Building materials
    Brick
    Roof type
    Built-Up
    Architectural style
    Other

    RE/MAX Legacy Realty (BOF) (662) 607-1030

    Listing agent Sherry S Fischer (662) 473-4503

    Listing date Oct 11, 2025

    MLS# 161042 Listing URL

    Copyright © 2025 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Water Valley

    This mixed-use property, located in Water Valley, Mississippi, features a total area of 2413 square feet and includes an upstairs apartment. The property is characterized by its charisma, as depicted in the available visual media. Situated in Yalobusha County, the property offers potential for various commercial and residential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel Storage Facility Bar & Pub Daycare Center Smoke and Vape Shop Carpet & Flooring Store Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Water Valley
    County
    Yalobusha
    State
    Mississippi
    Longitude
    -89.641375
    Latitude
    34.119745

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with upstairs apartment in Water Valley, Mississippi.
    Where is this mixed-use property located?
    The property is located at 405 North Main St Water Valley, MS.
    What is the asking price?
    The asking price for this property is $394,000.
    What are key features of this property?
    This property features: - Central air conditioning for year-round comfort.; - Central heating (electric) for efficient warmth.; - Durable brick construction.
    (662) 473-4503
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    405 North Main St Water Valley, MS 38965
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    Water Valley, MS 38965
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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
    405 North Main St Water Valley, MS 38965
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