303 Main St New Augusta, MS 39462
This exceptional retail property, located at 303 S Main Street in New Augusta, Mississippi, presents a unique investment opportunity. The building, a former grocery store, boasts a substantial 4,664 square feet of space on a 0.24-acre lot. The single-story structure offers ample room for a variety of retail uses, benefiting from its prominent downtown location. The asking price is $150,000, translating to a price per square foot of $32.02. This represents a compelling value for a property of this size and location in Perry County. The property's history as a well-established grocery store suggests strong potential for future success. Its single-tenancy configuration provides flexibility and control for the new owner. The address, 303 S Main Street, ensures high visibility and accessibility for customers. The zip code is 39462. This property is ideal for an entrepreneur seeking a well-positioned retail space in a growing community or an investor looking for a strong return on investment. The property's size and location make it a highly attractive proposition in the New Augusta market. Serious inquiries are encouraged.
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.