625 E Peace Street, Canton, MS 39046
- 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
Listing agent Rebecca Atkinson License #S24100 (601) 707-5555
Listing office JDJ Realty 164 Watford Pkwy Dr, Madison, MS (601) 707-5555
Listing date Jun 26, 2026
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Madison
- State
- Mississippi
- Longitude
- -90.019778
- Latitude
- 32.613217