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    654 Main St Tupelo, MS 38804

    For Sale
    $249,900

    Updated Commercial Building w/ Apartment

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This attractive Tupelo commercial property, located at 654 W Main Street, presents a fantastic investment opportunity. The building boasts a charming exterior of gorgeous stone brick and offers versatile interior space ideal for a variety of commercial uses. Currently configured with three or four separate office spaces, a dedicated conference room, and a well-equipped kitchen area, the property is ready for immediate occupancy. A full bathroom conveniently serves the office spaces. Adding to its appeal is a spacious two-bedroom, one-bathroom apartment, providing additional income potential or housing for on-site staff. The property sits on a 0.12-acre lot, offering ample space for parking and potential future expansion. The building has undergone a complete update, ensuring modern functionality and aesthetics. While all information is believed to be accurate, it is not guaranteed. This property is priced competitively at $249,900 and represents a rare chance to acquire a well-maintained, multi-use commercial building in a desirable Tupelo location. Serious inquiries are encouraged to explore this exceptional opportunity further. The square footage is not currently available.

    Property Features for 654 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Journey 2 Destiny ... Craft Store Tidy Cleanup Services, ... Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.71371
    Latitude
    34.2575

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    FAQs

    What type of property is this?
    Commercial real estate - Updated Commercial Building w/ Apartment
    Where is this commercial real estate located?
    The property is located at 654 Main St Tupelo, MS.
    What is the asking price?
    The asking price for this property is $249,900.
    (662) 680-9355
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    654 Main St Tupelo, MS 38804
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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
    654 Main St Tupelo, MS 38804
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