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    641 Highway 1 Greenville, MS 38701

    Sponsored
    For Lease
    $8 SF/Yr ($2,156 /Mo)

    3,234 SF Retail Space Available

    Lot size:
    3,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,234-square-foot retail space is ideally situated at 641 Highway 1 South in Greenville, Washington County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a variety of businesses. The space offers ample room for a wide range of retail concepts, providing flexibility for customized layouts and operations. The property's location on Highway 1 South ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The modified gross lease structure offers predictable and manageable operating costs. This location boasts a strong commercial presence, with established businesses such as Best Value Rentals, Nails Pro, and A to Z Beauty already thriving in the immediate vicinity. This synergistic environment creates a vibrant and attractive retail hub, offering potential for increased customer traffic and brand recognition. The property is categorized as commercial retail and is available for lease at a competitive rate of $8 per square foot. The total building square footage is 3,234 square feet, all of which is currently vacant and available for lease. This presents a unique opportunity to establish a prominent retail presence in a thriving Greenville commercial district. Serious inquiries are encouraged to explore this exceptional retail space and its potential for immediate success.

    Property Features for 641 Highway 1

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,234 SF
    Total Rate
    2156

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,234 SF
    Rate per SF
    $8

    HighLights

    • Retail space totaling 3,234 square feet available for lease in Washington County.
    • Single‑tenant occupancy.
    • Building size is 3,234 square feet, currently vacant.
    • Asking rent is $8 per square foot, Modified Gross.
    • Located at 641 Highway 1 South, Greenville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Washington
    State
    Mississippi
    Longitude
    -91.0445336
    Latitude
    33.3206619

    Nearby Comparable

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    Nearby Similar for Lease

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      Prime Office Space Near Mall

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      1634 Highway 1 S, Greenville, MS 38701
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      Up to 42,000 SF retail space for lease.
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    • $8 SF/Yr
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      Retail Space For Lease

      Retail space available for lease in Greenville, Mississippi.
      633 Highway 1 S, Greenville, MS 38703
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    FAQs

    What type of property is this?
    Retail property - 3,234 SF Retail Space Available
    Where is this retail property located?
    The property is located at 641 Highway 1 Greenville, MS.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Retail space totaling 3,234 square feet available for lease in Washington County.; Single-tenant occupancy.; Building size is 3,234 square feet, currently vacant.
    Request Owner's contact information
    641 Highway 1 Greenville, MS 38701
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    Greenville, MS 38701
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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
    641 Highway 1 Greenville, MS 38701
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