415 Howard St Greenwood, MS 38930-4337
This exceptional 5,289 square foot commercial property, located at 415 Howard Street in Greenwood, Mississippi, presents a unique investment opportunity. Situated on a 0.13-acre lot in the heart of downtown, this large historic building boasts a prime location directly across from the Episcopal Church of the Nativity. Its advantageous position offers significant exposure to the considerable tourist traffic generated by nearby attractions such as The Alluvian Spa and Hotel and the Viking Cooking School. The building's historic character offers the potential for utilizing State and Federal historic tax credits, presenting a compelling financial incentive for redevelopment. The spacious interior is well-suited for a variety of commercial uses, making it ideal for a restaurant or a large retail establishment. This property represents a rare chance to acquire a substantial commercial space in a thriving downtown area with high visibility and strong potential for growth. The building's size and location offer significant flexibility for adaptive reuse, catering to a wide range of business ventures. Its proximity to established businesses and tourist destinations ensures a steady stream of potential customers. This is an exceptional opportunity to own a piece of Greenwood's rich history while capitalizing on its vibrant present and promising future. The asking price is $45,000.
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
No recorded transactions found for this property.
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.