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    Historic Greenwood Building with Leaseback Title is generated by Realmo AI

    305 W Market Street, Greenwood, MS 38930

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    Claim this Listing
    For Sale
    $950,000

    COMMERCIAL - Greenwood, MS

    Type:Apartment
    Property size:
    24,255 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $39/SF
    Added:
    Aug 30, 2024
    Days on Market:
    623
    Last Refresh:
    May 14 at 6:06 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

    We can help!

    Listing Contact
    Pam Powers
    Pam Powers

    Listing agent Pam Powers License #B12007

    Listing office Powers Properties 109 W MARKET STREET, Greenwood, MS

    Listing date Aug 30, 2024

    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.

    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

    Located in the historic district of downtown Greenwood, MS, this well-preserved, early 20th-century building presents a blend of commercial and residential potential. The property, situated directly across from the Courthouse and convenient to restaurants, banks, and professional offices, features classic architectural details and large windows that invite natural light. The 24,255 square foot building on 0.35 acres could accommodate retail spaces on the ground floor, suitable for boutiques, restaurants, and cafes. The upper floors could be converted into luxury apartments with high ceilings and modern amenities, blending historic charm with contemporary living. The property 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, ensuring that it remains a thriving part of Greenwood's historic fabric. The space housing a former restaurant has been leased for a new restaurant. This blend of commercial and residential use would make it a cornerstone of the community's continued growth and development.
    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 mixed-use 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 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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