220 Howard St Greenwood, MS 38930
- Commercial real estate
- 5,447 SF
- 0.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 220 Howard St
- Year built
- 1910
- Lot size
- 0.09 lot acres
- Property size
- 5,447 SF
- Property type
- Commercial real estate
- APN
- 8510032601500
- APU
- 8510032601500
Description
This exceptional two-story commercial building, located at 220 Howard Street in Greenwood, Mississippi, presents a unique investment opportunity. Spanning 7,548 square feet on a 0.09-acre lot, this property boasts a prime location in the heart of Greenwood's historic downtown district. The building currently features two separate retail spaces on the ground floor, each currently leased on a month-to-month basis, offering immediate rental income potential. The new owner has the flexibility to retain existing tenants or pursue new leasing opportunities. Upstairs, a spacious apartment with brand new windows provides residential potential, a highly sought-after commodity in the vibrant downtown area. The apartment offers the possibility of expansion into additional living spaces. This contributing building to the Greenwood Downtown Historic District retains its historic charm, showcasing architectural details such as tall ceilings, a modern glass storefront with a canvas awning, metal and glass display windows, and preserved historic cast-iron posts. Its proximity to the Alluvian Hotel, Viking Cooking School and Retail Store, boutique shops, and banks ensures high visibility and foot traffic. Priced at $300,000, this well-maintained property offers a blend of retail income, residential appeal, and historic significance, making it an ideal investment for those seeking a piece of Greenwood's thriving downtown scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenwood
- County
- Leflore
- State
- Mississippi
- Longitude
- -90.1826
- Latitude
- 33.5198
- CBSA code
- 24900
- CBSA name
- GREENWOOD, MS MICROPOLITAN STATISTICAL AREA