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Retail Property with Apartment
For Sale
$299,000

116 West Main Street, Louisville, MS 39339

5,000 SF retail space with second story apartment.

Property Size5,000 SF
Price / SF$59.80
Days on Market194

Property Features for 116 West Main Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail

Building Details

Building Size 5,000 SF
Listing Agency: Real Estate Southeast
Listed By: William Pierce · License #AL #129208
Source: Realestatesoutheast
Added: Feb 25 Changed: Sep 6 Last Checked: Sep 7 at 6:01AM

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 Real Estate Southeast

Investment Insights

Based on property information with market context.

This property features 5,000 square feet of retail space and a second-story apartment. The apartment is suitable for use as an Airbnb. The property benefits from high foot traffic and prominent visibility. The layout is versatile, offering flexible retail opportunities. The property is located in a bustling area.

Key Highlights

  • Prime location in bustling Louisville area
  • High foot traffic for maximum retail visibility
  • 2nd floor apartment perfect for Airbnb

Property Analytics

Current Use

Factory Connection Clothing Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Electrical Service HVAC Service 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

421
Businesses Nearby

Demographics for 39339, MS

14,385
Population
6,517
Households
2.2
Avg Household Size
42
Median Age
19%
College-Educated
82%
High-School Grad
391.9 sq mi
ZIP Area
37
Density / Sq Mi
$43,642
Median Household Income
$30,367
Median Earnings
$634
Median Rent
$129,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 5,000 SF retail space with second story apartment.
Where is this retail space located?
The property is located at 116 West Main Street Louisville, MS.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime location in bustling Louisville area; High foot traffic for maximum retail visibility; 2nd floor apartment perfect for Airbnb
More about this property
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