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Two-Building Convenience Store Property
For Sale
$165,000

111 Water St, Baldwyn, MS 38824

Commercial Sale, Baldwyn, MS

Property Size3,993 SF
Lot Size0.15 Acres
Price / SF$41.32
Days on Market135

Property Features for 111 Water St

General Information

Property type Commercial Sale
Property subtype Other
Directions From HWY 145 North take right onto Water Street, go through two stop signs the property is on the left and the additional building is around the corner on Front Street.
Subdivision Northeast Lee
Standard status Active
Size 3,993 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Description DB 2013 P 000629 DB 2011 P 002926
Tax Annual Amount 614
Legal Description DB 2013 P 000629 DB 2011 P 002926

Building Details

Year built 1946
Floors in Building 1
Listing Agency: GumTree Realty
Listed By: Carla Enis · License #S-54977
Added: Apr 10 Changed: Aug 19 Last Checked: Aug 22 at 6:06AM
MLS# 26-1252

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.

Investment Insights

Based on property information with market context.

This offering includes two commercial buildings totaling 3,993 square feet in downtown Baldwyn. The 111 Water Street building dates to 1940 and is operating as a convenience store with a dedicated parking lot. The nearby 117 Front Street building was constructed in 1946 and adds a second space with on-street parking.

The properties sit across from a greenspace and are surrounded by active building and renovation projects. Their configuration supports continued convenience-store use along with the retail, office, dining, or mixed-use applications identified for the site. The combined parcel measures 0.1478 acres and is located in Baldwyn, Mississippi 38824.

Key Highlights

  • Two commercial buildings totaling 3,993 square feet
  • 111 Water Street building constructed in 1940 and operating as a convenience store
  • 117 Front Street building constructed in 1946

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Dental Office Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
3,017 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
1,236 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Baldwyn U-Save 205 N 2nd St, Baldwyn, MS 38824

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Two downtown commercial buildings combine existing convenience-store operations with additional space for retail, office, dining, or mixed-use adaptation.
Where is this grocery and convenience store located?
The property is located at 111 Water St Baldwyn, MS.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two commercial buildings totaling 3,993 square feet; 111 Water Street building constructed in 1940 and operating as a convenience store; 117 Front Street building constructed in 1946
More about this property
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