Property profile

101 Un St Canton, MS 39046

OFF-MARKET
Retail space
Property ID
US50-0012023
7,809 SF Built 1900
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 7,809 SF
APN 093D-19B-070
UPID US50-0012023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Un St Canton, MS 39046-3740
Canton metro Census 30600 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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