Historic Mixed-Use
For Sale
$2,500,000
97 First Street, Grenada, MS 38901
Commercial Sale, GRENADA, MS
Property Size5,400 SF
Price / SF$462.96
Days on Market95
Property Features for 97 First Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Elementary school district
Grenada
Middle school district
Grenada
High school district
Grenada
Subdivision
Southwest
Standard status
Active
Size
5,400 SF
Utilities
Heating system
Natural Gas
Cooling system
Central Air, Electric
Amenities
open-air courtyard
Building Details
Year built
1900
Building materials
Brick
Listing Agency:
McMinn Realty
(662) 473-0535
Listed By:
Tommy Jones
(662) 417-8714
Added: Jul 24
Changed: Oct 23
Last Checked: Oct 26 at 1:06PM
MLS# 168088
Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use portfolio comprises 13 properties extending across two blocks in downtown Grenada. The 5,400-square-foot offering combines brick buildings constructed in 1900 with a varied commercial and residential mix, including a bank, professional offices, retail storefronts, loft apartments, a restaurant, bar, open-air courtyard, and the First & Green event venue. Central air, electric cooling, and natural gas heating are among the reported building systems.
The properties occupy a prominent corner of the historic courthouse square within Grenada’s certified historic district. The downtown setting places the portfolio along Interstate 55 between Memphis and Jackson. Additional storefronts are included, and the properties may qualify for state and federal historic preservation tax credits.
The properties occupy a prominent corner of the historic courthouse square within Grenada’s certified historic district. The downtown setting places the portfolio along Interstate 55 between Memphis and Jackson. Additional storefronts are included, and the properties may qualify for state and federal historic preservation tax credits.
Key Highlights
- 13‑property portfolio spanning 2 blocks
- 5,400 square feet across a mixed‑use collection
- Tenant mix includes bank, offices, retail, loft apartments, restaurant, bar, and event venue
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
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Business Placement
Demographics for 38901, MS
18,282
Population
8,831
Households
2.1
Avg Household Size
41
Median Age
26%
College-Educated
85%
High-School Grad
242.0 sq mi
ZIP Area
76
Density / Sq Mi
$46,956
Median Household Income
$31,330
Median Earnings
$811
Median Rent
$139,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Thirteen properties span two blocks with offices, retail, hospitality, apartments, and event space.
Where is this mixed-use property located?
The property is located at 97 First Street Grenada, MS.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 13‑property portfolio spanning 2 blocks; 5,400 square feet across a mixed‑use collection; Tenant mix includes bank, offices, retail, loft apartments, restaurant, bar, and event venue
