305 W Market Street, Greenwood, MS 38930
COMMERCIAL - Greenwood, MS
- Added:
- Aug 30, 2024
- Days on Market:
- 669
- Last Refresh:
- Jun 29 at 9:06 pm
Property Features for 305 W Market Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Apartment
- 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
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Linoleum
Listing agent Pam Powers License #B12007 (601) 831-4505
Listing office Powers Properties 109 W MARKET STREET, Greenwood, MS (662) 374-4428
Listing date Aug 30, 2024
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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.
- Qualifies for historic tax credits to offset renovation costs.
- Owner will lease back portions of the building for attorney offices.
- Space formerly housing a restaurant has been leased for a new restaurant.
Overview
The building sits in the downtown core at 305 W Market Street, directly across from the courthouse, with proximity to restaurants, banks, and professional offices. Because it is within the historic district, the property is described as qualifying for historic tax credits to help offset renovation costs while preserving its architectural integrity. The owner will lease back portions of the building for attorney office use, supporting continued operation as part of the district.
For investors and operators seeking a mixed-use asset in a maintained historic structure, the combination of street-level retail and an ongoing restaurant tenant provides an active commercial component. The described attorney office lease-back adds continuity of use. Upper-floor residential conversion is presented as an option consistent with the building’s existing architectural shell and mixed-use layout.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Leflore
- State
- Mississippi
- Longitude
- -90.183999
- Latitude
- 33.520096
