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Unique Venue/Event Rental Property
For Sale
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114 S Main Street, Newton, MS 39345

Renovated commercial property in downtown Newton, Mississippi, ideal for events.

Property SizeContact for details
Days on Market924

Property Features for 114 S Main Street

General Information

Standard status Active
Property subtype Office, Retail
Listing Agency: Joyce Holifield Realty
Listed By: Joyce Holifield · License #B-21493
Source: Crexi
Added: Feb 19, 2024 Changed: Aug 15 Last Checked: Aug 28 at 10:32PM

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 Joyce Holifield Realty

Investment Insights

Based on property information with market context.

Located at 114 South Main Street in Newton, Mississippi, this commercial property, known as The Vault, is available for sale. The two-story building has been renovated for use as a venue and event rental space, and it was originally used as a bank. The main floor includes two half bathrooms and a kitchen. The second floor features one half bathroom and three rooms currently used as dressing rooms. Situated in the heart of downtown Newton, the property is conveniently located near Highways 15, 80, and I-20, between Jackson and Meridian, MS. The property offers various possibilities for commercial use.

Key Highlights

  • Unique renovated building, formerly a bank, suitable for a Venue/Event Rental.
  • Prime downtown Newton location.
  • Convenient access to Highways 15, 80, and I‑20 (between Jackson and Meridian, MS).

Property Analytics

Current Use

The Vault Newton Hotel & Motel

Suggested Use

Top Pick Real Estate Agency HVAC Service Pharmacy Hair Salon Law Firm Storage Facility

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

225
Businesses Nearby
560
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Napa Auto Parts Shops & Services
560 visits/mo 0.2 miles

Demographics for 39345, MS

5,898
Population
2,695
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
83%
High-School Grad
140.9 sq mi
ZIP Area
42
Density / Sq Mi
$41,982
Median Household Income
$34,784
Median Earnings
$715
Median Rent
$84,600
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
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Similar Off Market Nearby

  • Dezignz By Nikki 111 S Main St, Newton, MS 39345

Frequently Asked Questions

What type of property is this?
Storefront property - Renovated commercial property in downtown Newton, Mississippi, ideal for events.
Where is this storefront property located?
The property is located at 114 S Main Street Newton, MS.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Unique renovated building, formerly a bank, suitable for a Venue/Event Rental.; Prime downtown Newton location.; Convenient access to Highways 15, 80, and I‑20 (between Jackson and Meridian, MS).
More about this property
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