Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    101 Main St Carthage, MS 39051

    For Sale
    $39,500

    Prime Downtown Location, 2880 sq ft

    Property size:
    2,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 2,880 square foot building, located at 101 W Main Street in historic downtown Carthage, Mississippi, presents a unique investment opportunity. Situated on a 0.07-acre lot, this 1900-era structure is the first building encountered when entering the historic downtown square from East Main Street. Its prime corner location offers excellent visibility and accessibility. The building is largely cleaned and ready for renovation, offering a blank canvas for a discerning buyer. The existing structure provides ample space, with the potential for expansion. Plans could include adding a second floor and a balcony, subject to necessary permits and approvals. This property represents a chance to own a piece of Carthage's rich history and contribute to the ongoing revitalization of the downtown area. Many surrounding buildings have been successfully restored in recent years, creating a vibrant and attractive environment. The building's solid foundation and historical significance make it an ideal candidate for adaptive reuse, suitable for a variety of commercial ventures. Don't miss this chance to acquire a truly remarkable property in a thriving Mississippi town. The asking price is $39,500.

    Property Features for 101 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,880 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Leake
    State
    Mississippi
    Longitude
    -89.53371
    Latitude
    32.73656

    Nearby Similar for Sale

    • $365,000
      3,915 SF

      Versatile Commercial Building in Carthage

      Highway commercial property suitable for medical or office use.
      407 Valley St, Carthage, MS 39051
      View Details
    • $1,890,625
      3,063 SF

      Burger King NNN Investment Opportunity

      NNN Burger King with corporate guarantee and annual rent increases.
      503 Ms-16, Carthage, MS
      View Details
    • Contact for pricing

      Flex Warehouse Space For Sale

      Flex warehouse space on 22.9 acres in Carthage, MS.
      801 Ms-35, Carthage, MS
      View Details
    • $685,000

      Poultry Breeder Farm on 26 Acres

      Turnkey poultry breeder farm in Mississippi's top production area.
      1977 Freeny Rd, Carthage, MS 39051
      View Details
    • $2,040,000

      Poultry Farm on 90 Acres

      Turnkey poultry farm with six houses and spacious residence.
      10331 Road 169, Carthage, MS 39051
      View Details
    • $825,000

      Turnkey Poultry Breeder Farm

      Poultry breeder farm on 20 acres in Philadelphia, MS.
      10671 Highway 427, Carthage, MS 39051
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Location, 2880 sq ft
    Where is this commercial real estate located?
    The property is located at 101 Main St Carthage, MS.
    What is the asking price?
    The asking price for this property is $39,500.
    (601) 267-7800
    Request Owner's contact information
    101 Main St Carthage, MS 39051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Main St
    Carthage, MS 39051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    101 Main St Carthage, MS 39051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.