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13-Property Downtown Portfolio
For Sale
$2,500,000

97 First St, Grenada, MS 38901

Portfolio of 13 downtown properties on the historic courthouse square, including retail, offices, apartments, and event space.

Property Size5,400 SF
Price / SF$462.96
Days on Market49

Property Features for 97 First St

General Information

Standard status Active
Size 5,400 SF
Property subtype Commercial

Additional Details

Business Included No
Highway Access Yes

Amenities

open-air courtyard

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: McMinn Realty
Listed By: Tommy Jones 6624730535 · License #187_130
Source: Propertiesnorthms
Added: Jul 6 Changed: Aug 23 Last Checked: Aug 20 at 4:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McMinn Realty

Investment Insights

Based on property information with market context.

This for-sale portfolio is offered as a single package and includes 13 properties spanning two blocks on a corner of the historic courthouse square. The mix of income-producing tenants and uses includes a bank, professional offices, retail shops, loft apartments, a restaurant, and a bar, along with an open-air courtyard and the First & Green event venue. Additional storefronts provide room for further growth within the portfolio.

The properties are located within Grenada’s certified historic district and may qualify for valuable state and federal historic preservation tax credits. Positioned along Interstate 55 between Memphis and Jackson, the portfolio centers on the downtown area of Grenada, MS.

Key Highlights

  • Portfolio includes 13 properties spanning two blocks on the historic courthouse square in Downtown Grenada.
  • Tenant mix includes a bank, professional offices, retail shops, loft apartments, a restaurant, a bar, and the First & Green event venue.
  • Includes an open‑air courtyard and additional storefronts that may allow for future growth.

Property Analytics

Current Use

First & Green Celebrations Corporate Office First & Green Event ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Restaurant HVAC Service Building Supply Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Portfolio of 13 downtown properties on the historic courthouse square, including retail, offices, apartments, and event space.
Where is this retail space located?
The property is located at 97 First St 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: Portfolio includes 13 properties spanning two blocks on the historic courthouse square in Downtown Grenada.; Tenant mix includes a bank, professional offices, retail shops, loft apartments, a restaurant, a bar, and the First & Green event venue.; Includes an open‑air courtyard and additional storefronts that may allow for future growth.
More about this property
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