303 Main St New Augusta, MS 39462
This exceptional retail property, located at 303 S Main Street in the heart of New Augusta, presents a unique investment opportunity. The single-story building boasts a total of 4,664 square feet, with approximately 4,500 square feet currently available for lease. Situated on a 0.24-acre lot, this property offers excellent visibility and accessibility for potential tenants. The building's previous use as Greer's Grocery Store establishes a strong foundation for a variety of retail ventures. Its prominent downtown location ensures high foot traffic and exposure to a substantial customer base. The property is located in Perry County and presents a blank canvas for a new business to thrive. The single-tenant occupancy allows for complete control and customization of the space. The substantial square footage provides ample room for a large retail operation, or the potential to subdivide for multiple smaller businesses. This is an ideal opportunity for an entrepreneur seeking a high-traffic location with significant potential for growth. The property's size and location make it an attractive option for a wide range of retail businesses, from grocery stores and restaurants to specialty shops and boutiques. The existing infrastructure provides a solid base for immediate occupancy and operation. Serious inquiries are encouraged to explore this remarkable retail opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.