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Historic Downtown Mixed-Use Building
For Sale
$950,000

305 W Market Street, Greenwood, MS 38930

COMMERCIAL - Greenwood, MS

Property Size24,255 SF
Lot Size0.35 Acres
Price / SF$39.17
Days on Market715

Property Features for 305 W Market Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description C2
Subdivision Downtown
Lot features Corner Lot, Level, City Lot, Corner Lot, Level, City Lot
Directions On the corner of Fulton Street and West Market, directly across Market Street from the Leflore County Courthouse.
Standard status Active
APN 08510032500100
Size 24,255 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description LOTS 1-3 & 10' OFF EAST SIDE LOT 4 DESC IN DB 77 PG 351 BLOCK 15 HOWARD ADDITION 110' X 138'
Tax Annual Amount 8059
Legal Description LOTS 1-3 & 10' OFF EAST SIDE LOT 4 DESC IN DB 77 PG 351 BLOCK 15 HOWARD ADDITION 110' X 138'

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1920
Floors in Building 2
Flooring type Linoleum
Listing Agency: Powers Properties
Listed By: Pam Powers · License #B12007
Added: Aug 30, 2024 Changed: Aug 4 Last Checked: Aug 14 at 2:06AM
MLS# 4090229

Copyright © 2026 MLS United. 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.

Located at 305 W Market Street in downtown Greenwood, Mississippi, this well-preserved early 20th-century brick building sits within the historic district. The property is described as a two- to three-story structure with classic architectural details and large windows designed to bring natural light into the interior. Existing space includes a restaurant use, with the space that previously housed a restaurant now leased for a new restaurant.

The building is positioned directly across from the courthouse and is surrounded by downtown services, including restaurants, banks, and professional offices. The owner will lease back portions of the building for attorney office use, supporting an ongoing blend of commercial and other uses within the historic fabric of the district.

Key Highlights

  • Prime downtown Greenwood location directly across from the Courthouse.
  • Historic building in the historic district, built in 1920 with classic architectural details.
  • Potential for retail spaces on the ground floor and luxury apartments on upper floors.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Skin Care Clinic Bakery

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby

Demographics for 38930, MS

23,438
Population
10,608
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
194.2 sq mi
ZIP Area
121
Density / Sq Mi
$35,109
Median Household Income
$30,000
Median Earnings
$694
Median Rent
$108,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A well-preserved early 20th-century brick building with large windows and existing ground-floor restaurant space.
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 in the historic district, built in 1920 with classic architectural details.; Potential for retail spaces on the ground floor and luxury apartments on upper floors.
More about this property
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