Mixed-Use Building with Retail and
For Sale
$2,990,000
130-132 W Bankhead St, New Albany, MS 38652
COMMERCIAL - New Albany, MS
Property Size17,255 SF
Lot Size0.33 Acres
Price / SF$173.28
Days on Market139
Property Features for 130-132 W Bankhead St
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Downtown New Albany by Tanglefoot Trail entrance.
Subdivision
Union County
Standard status
Active
Size
17,255 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
Instrument #20053144
Tax Annual Amount
3759
Legal Description
Instrument #20053144
Building Details
Floors in Building
3
Listing Agency:
TM REALTORS
(662) 842-3844
Listed By:
Chanda Cossitt · License #S-42740
(662) 842-3844
Added: Mar 16
Changed: Jul 27
Last Checked: Aug 1 at 5:06PM
MLS# 26-872
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.
Hamilton Place is a mixed-use property in downtown New Albany comprising retail space on the first floor and apartments on the second floor. The apartments are currently described as 100% occupied. The offering also references the potential to develop an additional third-floor penthouse to create further income, with all details subject to verification.
The property includes an adjacent nail salon totaling 1,000 square feet. The combined site is identified as 0.33 acres and the property size is listed as 17,255 square feet, with address noted as 130-132 W Bankhead St, New Albany, MS 38652.
As presented, this is a single, downtown-oriented building and adjacent retail component designed to support both street-level commercial activity and upper-level residential income.
The property includes an adjacent nail salon totaling 1,000 square feet. The combined site is identified as 0.33 acres and the property size is listed as 17,255 square feet, with address noted as 130-132 W Bankhead St, New Albany, MS 38652.
As presented, this is a single, downtown-oriented building and adjacent retail component designed to support both street-level commercial activity and upper-level residential income.
Key Highlights
- 100% Occupancy of Existing Apartments
- Potential for Developing a 3rd Floor Penthouse for Additional Income
- Prime Location in the Heart of Downtown New Albany
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
123k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 16%
Hotels & Casinos 2%
Home Improvements & Furnishings 2%
McDonald's
Dining
24,434 visits/mo
0.2 miles
Wendy's
Dining
16,763 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
13,928 visits/mo
0.5 miles
McAlister's Deli
Dining
9,980 visits/mo
0.3 miles
Dollar General
Shops & Services
8,860 visits/mo
0.0 miles
Demographics for 38652, MS
16,657
Population
6,977
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
80%
High-School Grad
154.4 sq mi
ZIP Area
108
Density / Sq Mi
$54,321
Median Household Income
$36,359
Median Earnings
$918
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story mixed-use buildings feature first-floor retail and second-floor apartments with 100% occupancy.
Where is this mixed-use property located?
The property is located at 130-132 W Bankhead St New Albany, MS.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 100% Occupancy of Existing Apartments; Potential for Developing a 3rd Floor Penthouse for Additional Income; Prime Location in the Heart of Downtown New Albany
