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    303 Main St New Augusta, MS 39462

    For Lease
    Contact for pricing

    Downtown location, high visibility, 4,500 SF.

    Lot size:
    4,664 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    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.

    Property Features for 303 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,664 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite space 1
    Size
    4,500 SF

    HighLights

    • 4,664 square foot retail building on a 0.24‑acre lot in Perry County.
    • Single‑tenant retail space.
    • 4,500 square feet of vacant space available.
    • Former Greer's Grocery Store location in downtown New Augusta.
    • One‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Augusta
    County
    Perry
    State
    Mississippi
    Longitude
    -89.0752499
    Latitude
    31.1906385

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    FAQs

    What type of property is this?
    Retail property - Downtown location, high visibility, 4,500 SF.
    Where is this retail property located?
    The property is located at 303 Main St New Augusta, MS.
    What are key features of this property?
    This property features: 4,664 square foot retail building on a 0.24-acre lot in Perry County.; Single-tenant retail space.; 4,500 square feet of vacant space available.
    Request Owner's contact information
    303 Main St New Augusta, MS 39462
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    New Augusta, MS 39462
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    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
    303 Main St New Augusta, MS 39462
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