114 Main St Newton, MS 39345
This exceptional commercial property, located at 114 Main Street in the heart of downtown Newton, Mississippi, presents a rare investment opportunity. Priced at $109,900, this renovated two-story building boasts a rich history, originally serving as a bank. Now successfully operating as an event venue and rental space, the property offers significant potential for continued success or adaptation to various commercial uses. The main floor features a functional kitchen and two half-bathrooms, ideal for catering and guest convenience. Upstairs, three rooms currently configured as dressing rooms share a half-bathroom, providing ample space for various event needs. The building's unique character and versatile layout offer numerous possibilities for creative entrepreneurs. Its prime location in Newton, Mississippi, provides easy access to major transportation routes, including Highways 15, 80, and I-20, strategically situated between Jackson and Meridian. This property is ready for immediate occupancy and offers a compelling blend of history, functionality, and location. Schedule a viewing to explore the full potential of this remarkable commercial space.
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The Vault Newton Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.