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Renovated Two-Unit Retail Space
For Sale
Contact for pricing
Pending

315 Main Street, Indianola, MS 38751

The renovated corner property contains two rentable suites, including one with an installed vent-a-hood and commercial sinks.

Property Size3,700 SF
Lot Size1.03 Acres
Days on Market143

Property Features for 315 Main Street

General Information

Standard status Pending
Size 3,700 SF
Lot size 1.03 Acres
Property subtype Retail, Land

Additional Details

Corner Location Yes

Building Details

Tenancy Multi
Listing Agency: Tom Smith Land and Homes, LLC
Listed By: Emerson Lovelace · License #MS 49193
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:49PM

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 Tom Smith Land and Homes, LLC

Investment Insights

Based on property information with market context.

This retail property contains approximately 3,700+/- square feet across two separate rentable spaces on a 1.03+/- acre corner lot. Recent renovation work includes fresh paint, carpeted flooring, and large windows that provide natural light in the larger event-style area.

The smaller suite is configured for food service with an installed vent-a-hood system, commercial sinks, stained concrete floors, exposed industrial HVAC vents and ductwork, ceiling fans, and two large bathrooms. The property fronts Main Street along Indian Bayou in downtown Indianola, Mississippi, within Sunflower County.

Key Highlights

  • 3,700+/- square feet across two separate rentable spaces
  • 1.03+/- acre corner lot at 315 Main Street
  • Recently renovated commercial property in downtown Indianola

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Auto Parts Store Kitchen & Bath Showroom

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

469
Businesses Nearby

Demographics for 38751, MS

10,682
Population
4,383
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
81%
High-School Grad
163.0 sq mi
ZIP Area
66
Density / Sq Mi
$42,965
Median Household Income
$31,478
Median Earnings
$760
Median Rent
$126,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The renovated corner property contains two rentable suites, including one with an installed vent-a-hood and commercial sinks.
Where is this retail space located?
The property is located at 315 Main Street Indianola, MS.
What are key features of this property?
This property features: 3,700+/- square feet across two separate rentable spaces; 1.03+/- acre corner lot at 315 Main Street; Recently renovated commercial property in downtown Indianola
(662) 441-2500 Call to check price and availability
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