Brick Storefront with Upper-Level
104 W Main St, Baldwyn, MS 38824
For Sale
$225,000
Commercial Sale, Baldwyn, MS
Property Size1,800 SF
Lot Size0.09 Acres
Price / SF$125
Days on Market165
Property Features for 104 W Main St
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
central heat/air
ample natural light
tall interior ceilings
period architectural features
large storefront windows
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
ELITE REALTY · RE/MAX International
Listed By:
Keith Henley · License #B-22473
(662) 767-4700
Added: May 29
Changed: Oct 8
Last Checked: Nov 9 at 8:06AM
MLS# 26-1937
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick storefront property in downtown Baldwyn was built in 1920 and features wood flooring, tall interior ceilings, broad storefront windows, and period architectural details. Central heat and air support the existing commercial layout, which is currently configured for entertainment use. The upper level offers additional space for a private residence, event area, or commercial expansion, subject to applicable requirements.
The property occupies 0.09 acres at 104 W Main St in Baldwyn, Mississippi. Its existing configuration supports retail, professional office, event, and entertainment applications. The adjacent property at 104 W Main St is also available for a potential combined purchase.
The property occupies 0.09 acres at 104 W Main St in Baldwyn, Mississippi. Its existing configuration supports retail, professional office, event, and entertainment applications. The adjacent property at 104 W Main St is also available for a potential combined purchase.
Key Highlights
- 1920 brick storefront in downtown Baldwyn
- 0.09‑acre property at 104 W Main St
- Central heat and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,795
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,900
$315.9K
Cap Rate 7%
$225,643
$225.6K
Cap Rate 9%
$175,500
$175.5K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$27.0K $15.00/SF
− Vacancy
−$5.9K −$3.30/SF
EGI
$21.1K $11.70/SF
− OpEx
−$5.3K −$2.93/SF
NOI
$15.8K $8.78/SF
Area
Lee County, MS
Vacancy
22.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,900
Cap Rate 7%
$225,643
Cap Rate 9%
$175,500
Alternative Uses
Best Use
Office B
$225.6K
$197.4K – $263.3K
NOI $15,795 @ 7.0% cap · market cap 7.02%
Second Best
Retail
$213.5K
$186.8K – $249.0K
NOI $14,942 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$338.0K
$295.8K – $394.4K
NOI $23,663 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38824, MS
7,788
Population
3,642
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
80%
High-School Grad
146.8 sq mi
ZIP Area
53
Density / Sq Mi
$46,753
Median Household Income
$36,482
Median Earnings
$598
Median Rent
$94,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Susan's Flowers & Gifts — 103 S 2nd St, Baldwyn, MS 38824
- The Vintage Vine Floral & Gifts, LLC — 111 W Main St, Baldwyn, MS 38824
- Belle's & Bows Flower Shop — 200 E Clayton St, Baldwyn, MS 38824
Frequently Asked Questions
What type of property is this?
Storefront property - Brick commercial storefront with central HVAC, wood flooring, and adaptable upper-level space.
Where is this storefront property located?
The property is located at 104 W Main St Baldwyn, MS.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1920 brick storefront in downtown Baldwyn; 0.09‑acre property at 104 W Main St; Central heat and air conditioning
