Property summary
This 10,000-square-foot, three-story Class C office building is located at 101 N Union St, Canton, MS 39046, on the historic Canton square, offering excellent visibility. Currently vacant, this value-add investment opportunity presents a versatile space suitable for creative office, retail, restaurant, or residential conversion. The building enjoys a prominent corner location at the main entrance to the square, across from the Canton Courthouse, providing stunning views of the surrounding area. Its prime location offers easy access to I-55 and Hwy 51, placing it within reach of a growing community. Canton, situated in rapidly developing Madison County, Mississippi, benefits from a vibrant downtown area hosting numerous yearly events, including the Canton Flea Market Arts & Crafts show and the Canton Christmas Festival. The asking price is $300,000 ($30/sq ft). This property presents a unique chance to capitalize on the thriving Canton Square's commercial activity and its rich history, featured in several Hollywood productions.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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