104 Main St Newton, MS 39345
This exceptional commercial property, located at 104 Main Street in Newton, Mississippi, presents a unique investment opportunity. Priced at $125,000, this renovated special-purpose building offers 3000 square feet of versatile space, according to county records. Previously utilized as an event venue/rental space, the property boasts numerous attractive features, including newly installed hardwood floors and a modern central HVAC system. The property includes two parcels, enhancing its potential for expansion or development. A single bathroom and a charming courtyard patio add to the property's appeal. The building's prime location in the heart of Newton, Mississippi, offers unparalleled convenience, with easy access to major transportation routes including Highways 15, 80, and I-20, situated between Jackson and Meridian, MS. This property's adaptable layout and desirable location make it ideal for a variety of commercial uses, presenting endless possibilities for a discerning investor. The property's history as a successful event venue provides a strong foundation for continued success or a seamless transition to a new venture. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a thriving Mississippi community.
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.