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    Historic Greenwood Building with Leaseback Title is generated by Realmo AI

    305 W Market Street, Greenwood, MS 38930

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    For Sale
    $950,000

    Historic building in downtown Greenwood with leaseback opportunity.

    Type:General Commercial
    Property size:
    24,255 SF
    Price / SF:
    $39/SF
    Added:
    Aug 29, 2024
    Days on Market:
    653
    Last Refresh:
    May 13 at 8:42 pm

    Property Features for 305 W Market Street

    General Information

    Standard status
    Active
    Size
    24,255 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1920

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    Listing Contact
    Powers Properties

    Listing agent Powers Properties

    Listing office

    Listing date Aug 29, 2024

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Powers Properties

    HighLights

    • Prime downtown Greenwood location directly across from the Courthouse.
    • Historic building eligible for historic tax credits.
    • Leaseback opportunity with current owner's attorney offices.
    • Potential for mixed‑use development: retail and luxury apartments.
    • Well‑preserved, early 20th‑century architectural details.
    • Former restaurant space already leased for a new restaurant.

    Overview

    This historic building is located in downtown Greenwood, Mississippi, within the historic district. The well-preserved, early 20th-century structure features classic architectural details. The facade showcases the craftsmanship of the era, with large windows that allow natural light into the interior. The building has a blend of retail spaces on the ground floor, suitable for boutiques, restaurants, and cafes. The upper floors could be converted into luxury apartments, featuring high ceilings and modern amenities, blending historic charm with contemporary living. The property is located directly across from the Courthouse and is convenient to restaurants, banks, professional offices and a vital downtown area. It qualifies for historic tax credits, helping to 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 contains 24255 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Leflore
    State
    Mississippi
    Longitude
    -90.184337
    Latitude
    33.520058

    FAQs

    What type of property is this?
    Mixed-use property - Historic building in downtown Greenwood with leaseback opportunity.
    Where is this mixed-use property located?
    The property is located at 305 W Market Street Greenwood, MS.
    What is the asking price?
    The asking price for this property is $950,000.
    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.; Leaseback opportunity with current owner's attorney offices.
    More about this property
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