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    104 Main St Newton, MS 39345

    Sponsored
    For Sale
    $125,000

    Renovated Event Venue, Two Parcels Included

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 104 Main Street in Newton, Mississippi, presents a unique investment opportunity. Priced at $125,000, this renovated special-purpose building offers 3000 square feet of versatile space, according to county records. Previously utilized as an event venue/rental space, the property boasts numerous attractive features, including newly installed hardwood floors and a modern central HVAC system. The property includes two parcels, enhancing its potential for expansion or development. A single bathroom and a charming courtyard patio add to the property's appeal. The building's prime location in the heart of Newton, Mississippi, offers unparalleled convenience, with easy access to major transportation routes including Highways 15, 80, and I-20, situated between Jackson and Meridian, MS. This property's adaptable layout and desirable location make it ideal for a variety of commercial uses, presenting endless possibilities for a discerning investor. The property's history as a successful event venue provides a strong foundation for continued success or a seamless transition to a new venture. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a thriving Mississippi community.

    Property Features for 104 Main St

    General Information

    Property type
    Specialty properties

    HighLights

    • $125,000 asking price.
    • Special purpose property located at 104 Main Street, Newton, MS 39345.
    • Recently renovated and previously used as an event venue.
    • Includes two parcels totaling approximately 3,000 square feet.
    • Features hardwood floors, central HVAC, one bathroom, and a courtyard patio.
    • Conveniently located near Highways 15, 80, and I‑20, between Jackson and Meridian, MS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -89.1629435
    Latitude
    32.3214222

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    Nearby Similar for Sale

    • $550,000

      Prime Commercial Hub Opportunity

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    • $10,000,000
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      Newton, MS Industrial Facility

      606,321 SF Warehouse - $10M
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      Downtown Newton Commercial Vault

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    FAQs

    What type of property is this?
    Specialty property - Renovated Event Venue, Two Parcels Included
    Where is this specialty property located?
    The property is located at 104 Main St Newton, MS.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price.; Special purpose property located at 104 Main Street, Newton, MS 39345.; Recently renovated and previously used as an event venue.
    Request Owner's contact information
    104 Main St Newton, MS 39345
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    Newton, MS 39345
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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
    104 Main St Newton, MS 39345
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