Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    114 Main St Newton, MS 39345

    Sponsored
    For Sale
    $109,900

    Unique Event Venue, Renovated Bank Building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 114 Main Street in the heart of downtown Newton, Mississippi, presents a rare investment opportunity. Priced at $109,900, this renovated two-story building boasts a rich history, originally serving as a bank. Now successfully operating as an event venue and rental space, the property offers significant potential for continued success or adaptation to various commercial uses. The main floor features a functional kitchen and two half-bathrooms, ideal for catering and guest convenience. Upstairs, three rooms currently configured as dressing rooms share a half-bathroom, providing ample space for various event needs. The building's unique character and versatile layout offer numerous possibilities for creative entrepreneurs. Its prime location in Newton, Mississippi, provides easy access to major transportation routes, including Highways 15, 80, and I-20, strategically situated between Jackson and Meridian. This property is ready for immediate occupancy and offers a compelling blend of history, functionality, and location. Schedule a viewing to explore the full potential of this remarkable commercial space.

    Property Features for 114 Main St

    General Information

    Property type
    Specialty properties

    HighLights

    • $109,900 asking price.
    • Special purpose property located at 114 Main Street, Newton, MS 39345.
    • Renovated former bank building, currently used as an event venue.
    • Two‑story building with versatile interior layout including kitchen and multiple restrooms.
    • Excellent location in downtown Newton, MS, near major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Vault Newton Event Venue

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Newton
    State
    Mississippi
    Longitude
    -89.1625925
    Latitude
    32.3222518

    Nearby Comparable

    • $89,900

      Downtown Newton Commercial Building

      Prime Location, Updated Interior, High Potential
      119 Main St, Newton, MS 39345
      View Details
    • $125,000

      Newton Commercial Property: Prime Location

      Renovated Event Venue, Two Parcels Included
      104 Main St, Newton, MS 39345
      View Details
    • $10,000,000
      606,321 SF

      Newton, MS Industrial Facility

      606,321 SF Warehouse - $10M
      133 Scanlan St, Newton, MS 39345
      View Details
    • $550,000

      Prime Commercial Hub Opportunity

      Exceptional property in a thriving commercial hub with high visibility.
      300 Newton Ave, Newton, MS 39345
      View Details
    • $350,000
      2.15 Acres

      Commercial Land in Newton, MS

      2.15-acre commercial land for sale in Newton, Mississippi.
      107 Adeline Ln, Newton, MS 39345
      View Details
    • $185,000
      95.60 Acres

      95.6 Acres Newton County Land

      Prime Hunting & Recreational Land
      0 95.6 Acres In Newton County, Newton, MS 39345
      View Details
    • $50,000
      11.70 Acres

      Newton Commercial Land - 11.7 Acres

      Prime MS Commercial Land, Highway Frontage
      0 Eastside Drive Ext, Newton, MS 39345
      View Details
    • $45,000
      Pending

      Newton, MS Land For Sale

      11.7 acre commercial and residential development opportunity near I-20.
      Eastside Drive Ext, Newton, MS 39345
      View Details
    • $200,000
      80.00 Acres

      80 Acres Newton County Hunting Land

      Prime Hunting Land, 80 Acres in MS
      80 Acres In Newton County, Hickory, MS 39332
      View Details
    • $190,000

      Country Home on 13 Acres

      Three-bedroom home on 13 acres with hunting potential.
      995 Decatur Conehatta Rd, Conehatta, MS 39057
      View Details

    Nearby Similar for Sale

    • $550,000

      Prime Commercial Hub Opportunity

      Exceptional property in a thriving commercial hub with high visibility.
      300 Newton Ave, Newton, MS 39345
      View Details
    • $125,000

      Newton Commercial Property: Prime Location

      Renovated Event Venue, Two Parcels Included
      104 Main St, Newton, MS 39345
      View Details
    • $10,000,000
      606,321 SF

      Newton, MS Industrial Facility

      606,321 SF Warehouse - $10M
      133 Scanlan St, Newton, MS 39345
      View Details
    • $89,900

      Downtown Newton Commercial Building

      Prime Location, Updated Interior, High Potential
      119 Main St, Newton, MS 39345
      View Details

    FAQs

    What type of property is this?
    Specialty property - Unique Event Venue, Renovated Bank Building
    Where is this specialty property located?
    The property is located at 114 Main St Newton, MS.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: $109,900 asking price.; Special purpose property located at 114 Main Street, Newton, MS 39345.; Renovated former bank building, currently used as an event venue.
    Request Owner's contact information
    114 Main St Newton, MS 39345
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 Main St
    Newton, MS 39345
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Main St Newton, MS 39345
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.