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305 W Market Street Greenwood, MS 38930

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For Sale
$950,000

Historic building in downtown Greenwood with leaseback opportunity.

Type:General Commercial
Property size:
24,255 SF
Price / SF:
$39/SF
Added:
Aug 29, 2024
Days on Market:
608
Last Refresh:
Apr 1 at 8:56 pm

Property Features for 305 W Market Street

General Information

Standard status
Active
Size
24,255 SF
Property subtype
General Commercial

Building Details

Year Built
1920

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Listing Contact
Powers Properties

Listing agent Powers Properties

Listing office

Listing date Aug 29, 2024

Source Xome

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 Powers Properties


Overview

Historic Greenwood Building with Leaseback

This historic building is located in downtown Greenwood, Mississippi, within the historic district. The well-preserved, early 20th-century structure features classic architectural details. The facade showcases the craftsmanship of the era, with large windows that allow natural light into the interior. The building has a blend of retail spaces on the ground floor, suitable for boutiques, restaurants, and cafes. The upper floors could be converted into luxury apartments, featuring high ceilings and modern amenities, blending historic charm with contemporary living. The property is located directly across from the Courthouse and is convenient to restaurants, banks, professional offices and a vital downtown area. It qualifies for historic tax credits, helping to offset renovation costs while preserving its architectural integrity. The owner will lease back portions of the building for attorney offices. The space housing a former restaurant has been leased for a new restaurant. The property contains 24255 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Greenwood
County
Leflore
State
Mississippi
Longitude
-90.184337
Latitude
33.520058

FAQs

What type of property is this?
Mixed-use property - Historic building in downtown Greenwood with leaseback opportunity.
Where is this mixed-use property located?
The property is located at 305 W Market Street Greenwood, MS.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime downtown Greenwood location directly across from the Courthouse.; Historic building eligible for historic tax credits.; Leaseback opportunity with current owner's attorney offices.
More about this property
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