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Property profile & analytics
OFF-MARKET
Specialty properties

119 Main St Newton, MS 39345

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 119 Main Street in Newton, Mississippi, presents a unique investment opportunity. Priced at $89,900, this special purpose building offers versatile options for a variety of businesses. County records indicate a main floor area of 2,433 square feet, recently updated with fresh paint and a new HVAC system. This significant upgrade enhances the property's appeal and functionality. The upper floor remains in its unrenovated state, presenting potential for expansion or customized development to suit specific business needs. Previous uses include a barber shop and retail store, demonstrating the building's adaptability to diverse commercial ventures. The property's central downtown location in Newton, Mississippi, zip code 39345, ensures high visibility and accessibility for customers and clients. This is an excellent chance to acquire a well-situated commercial space with significant upside potential in a thriving Mississippi community. The property's strong foundation and recent improvements make it an attractive investment for entrepreneurs and business owners seeking a ready-to-occupy or easily adaptable space. The building's history of successful commercial operations further underscores its potential for continued success. Don't miss this opportunity to own a piece of Newton's vibrant commercial landscape.

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
  • Magnolia Air Condition Hardware & Home Improvement HVAC Service
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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