Historic Mixed-Use
For Sale
Contact for pricing
517 Washington Ave, Greenville, MS 38701
Restored downtown property combines retail space with loft apartments, hotel rooms, and an operating business.
Property SizeContact for details
Days on Market142
Property Features for 517 Washington Ave
General Information
Standard status
Active
Property subtype
Mixed Use
Occupancy
100%
Financials
Business Included
Yes
Opportunity Zone
Yes
Building Details
Year Renovated
2017
Buildings
4
Tenancy
Multi
Listing Agency:
The McEnery Company
(504) 274-2701
Listed By:
Parke McEnery · License #LA
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 12:07AM
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 The McEnery Company
Investment Insights
Based on property information with market context.
Located at 517 Washington Ave in Greenville, Mississippi, this mixed-use property comprises four historic commercial buildings originally associated with a 1940s-era Sears Roebuck Department Store. The improvements were restored and repositioned in 2017, creating ground-floor retail areas with loft-style residential apartments and hotel rooms on upper levels. The sale includes the operating business and all furniture, fixtures, and equipment.
The complex sits within Greenville’s Downtown Historic District, several blocks from an oxbow lake and the Mississippi River levee. Downtown is designated as a Qualified Federal Opportunity Zone, and a new Federal Courthouse with public green space is under construction two blocks away. The property is reported at 100% occupancy and includes established commercial, residential, and hospitality components within one integrated site.
The complex sits within Greenville’s Downtown Historic District, several blocks from an oxbow lake and the Mississippi River levee. Downtown is designated as a Qualified Federal Opportunity Zone, and a new Federal Courthouse with public green space is under construction two blocks away. The property is reported at 100% occupancy and includes established commercial, residential, and hospitality components within one integrated site.
Key Highlights
- Four historic commercial buildings restored and repositioned in 2017
- Ground‑floor retail paired with loft‑style apartments and hotel rooms
- Sale includes the operating business and all FF&E
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Explore this area
Business Placement
Demographics for 38701, MS
21,051
Population
10,640
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
79%
High-School Grad
89.4 sq mi
ZIP Area
235
Density / Sq Mi
$36,998
Median Household Income
$33,976
Median Earnings
$790
Median Rent
$118,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restored downtown property combines retail space with loft apartments, hotel rooms, and an operating business.
Where is this mixed-use property located?
The property is located at 517 Washington Ave Greenville, MS.
What are key features of this property?
This property features: Four historic commercial buildings restored and repositioned in 2017; Ground‑floor retail paired with loft‑style apartments and hotel rooms; Sale includes the operating business and all FF&E
