Two-Building Storefront
625 E Peace Street, Canton, MS 39046
For Sale
$295,000
Commercial Sale, Canton, MS
Property Size2,177 SF
Lot Size0.82 Acres
Price / SF$135.51
Days on Market140
Property Features for 625 E Peace Street
General Information
Property type
Property subtype
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Listing Agency:
JDJ Realty
Listed By:
Rebecca Atkinson · License MS S24100
(601) 707-5555
Added: Jun 26
Changed: Oct 8
Last Checked: Nov 12 at 8:06PM
MLS# 4154113
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.
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Investment Insights
Based on property information with market context.
This commercial property includes two freestanding storefront buildings with 2177 SF of combined space. The buildings were constructed in 1968 and are fully leased, with multi-tenant occupancy and ample parking serving the site. C-2 zoning is in place across the .82-acre property.
Located at 625 E Peace Street in Canton, the buildings occupy corners along two well-traveled streets, providing a visible setting within the local commercial area. The property is in Madison County and sits near employment and distribution activity associated with the Amazon Mega Site, Nissan, and related facilities.
Located at 625 E Peace Street in Canton, the buildings occupy corners along two well-traveled streets, providing a visible setting within the local commercial area. The property is in Madison County and sits near employment and distribution activity associated with the Amazon Mega Site, Nissan, and related facilities.
Key Highlights
- Two freestanding storefront buildings with 2177 SF of total space
- Fully leased commercial property with multi‑tenant occupancy
- .82‑acre site with ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,190
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,800
$423.8K
Cap Rate 7%
$302,714
$302.7K
Cap Rate 9%
$235,444
$235.4K
Market Conditions
NOI Build-Up for 2,177 SF
Gross rent
$32.7K $15.00/SF
− Vacancy
−$2.4K −$1.10/SF
EGI
$30.3K $13.91/SF
− OpEx
−$9.1K −$4.17/SF
NOI
$21.2K $9.73/SF
Area
Madison County, MS
Vacancy
7.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,800
Cap Rate 7%
$302,714
Cap Rate 9%
$235,444
Alternative Uses
Best Use
Retail
$302.7K
$264.9K – $353.2K
NOI $21,190 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$473.9K
$414.7K – $552.9K
NOI $33,173 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Groceries 26%
Home Improvements & Furnishings 3%
Apparel 2%
Dollar Tree
Shops & Services
10,613 visits/mo
0.2 miles
Save-A-Lot
Groceries
7,698 visits/mo
0.4 miles
Shell
Shops & Services
7,393 visits/mo
0.1 miles
Valvoline Instant Oil Change
Shops & Services
1,259 visits/mo
0.5 miles
Family Dollar
Shops & Services
1,118 visits/mo
0.4 miles
Demographics for 39046, MS
27,866
Population
12,909
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
83%
High-School Grad
311.8 sq mi
ZIP Area
89
Density / Sq Mi
$48,288
Median Household Income
$33,879
Median Earnings
$879
Median Rent
$210,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Two freestanding buildings offer multi-tenant occupancy, ample parking, and prominent corner positioning in Canton.
Where is this storefront property located?
The property is located at 625 E Peace Street Canton, MS.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two freestanding storefront buildings with 2177 SF of total space; Fully leased commercial property with multi‑tenant occupancy; .82‑acre site with ample parking
