For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two Fully Leased Retail Buildings Title is generated by Realmo AI

    625 E Peace Street, Canton, MS 39046

    View on Map
    Claim this Listing
    New
    For Sale
    $295,000

    COMMERCIAL - Canton, MS

    Property size:
    2,177 SF
    Lot size:
    0.82 Acres
    Price / SF:
    $135/SF
    Added:
    Jun 26, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 625 E Peace Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    093d-20b-043/00-00
    Size
    2,177 SF
    Lot size
    0.82 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT FRONTING 200 FT ON N/S E PEACE ST EXTENDING N TO CENTER ST
    Tax Annual Amount
    3856

    Building Details

    Year built
    1968
    Floors in Building
    1

    We can help!

    Contact an agent
    Rebecca Atkinson

    Listing agent Rebecca Atkinson License #S24100

    Listing office JDJ Realty 164 Watford Pkwy Dr, Madison, MS

    Listing date Jun 26, 2026

    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.

    HighLights

    • Investment package: 625 E Peace St, Canton, MS with two fully leased commercial buildings in Madison County
    • 2 freestanding buildings with 2,177 SF total space
    • 0.82‑acre property with multi‑tenant occupancy
    • Zoned C‑2
    • Ample parking with high visibility at the corners of two well‑traveled streets

    Overview

    This for-sale investment package includes two freestanding commercial retail buildings with a total of 2,177 square feet of space on a 0.82-acre lot. The buildings are described as fully leased and set up for multi-tenant occupancy. The property is positioned to serve storefront and retail use with ample parking and visibility.

    The buildings are located on the corners of two well-traveled streets, and the seller notes high visibility. The surrounding area is described as supported by continued growth from major employers, including the Amazon Mega Site and Nissan, along with their distribution facilities in Madison County, Mississippi.

    For buyers and business owners seeking an owner-occupied or investment-minded retail asset, these two fully leased, multi-tenant buildings offer a compact footprint with parking and corner access. The overall site is listed as zoned C-2, which may support a range of commercial retail activities aligned with the C-2 district. With two separate freestanding structures on one lot, the setup can also be appealing for operators looking to manage multiple tenants within a single property portfolio.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $32.7k $15.00
    − Vacancy −$2.4k −$1.10
    EGI $30.3k $13.91
    − OpEx −$9.1k −$4.17
    NOI $21.2k $9.73
    2,177 SF · lease $15.00/SF/yr · vacancy 7.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $302.7K
    $264.9K – $353.2K (±1% cap)
    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 (±1% cap)
    NOI $33,173 @ 7.0% cap · market cap 11.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile 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
    Canton
    County
    Madison
    State
    Mississippi
    Longitude
    -90.019778
    Latitude
    32.613217

    FAQs

    What type of property is this?
    Storefront property - Two retail buildings with multi-tenant occupancy, ample parking, and corner-lot positioning in a high-visibility area.
    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: Investment package: 625 E Peace St, Canton, MS with two fully leased commercial buildings in Madison County; 2 freestanding buildings with 2,177 SF total space; 0.82‑acre property with multi‑tenant occupancy
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message