270 Delta Ave Clarksdale, MS 38614-4213
This exceptional commercial investment opportunity in the heart of Clarksdale, Mississippi, presents a rare chance to acquire a thriving, income-generating property. Located at 270 Delta Avenue, this landmark building, formerly known as The Henderson Building, offers 11,768 square feet of space spread across eight distinct storefronts. The property's prominent location at the intersection of Delta Avenue ensures high visibility and foot traffic. Currently occupied by well-established businesses, this investment provides a steady stream of monthly income. The building boasts a striking white marble exterior, setting it apart from other downtown properties. The eight units include a total of eight bathrooms (two full and six half baths). Its central location places it within easy walking distance of Ground Zero, the Downtown stage, and numerous blues clubs, retail shops, and restaurants. This property offers not only a secure investment with existing tenants but also the potential to add your own unique business or vision to the vibrant downtown Clarksdale scene. The 0.3-acre lot provides ample space for future development or expansion. This is a turnkey business investment ready for immediate returns.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.