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Property profile & analytics
OFF-MARKET
Specialty properties

114 Main St Newton, MS 39345

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Vault Newton Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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