601 Main St Greenwood, MS 38930-5523
This exceptional 2,352 square foot commercial building, situated on a 0.12-acre lot at the bustling intersection of Main and Johnson Streets in historic downtown Greenwood, MS, presents endless possibilities. Previously used as an entertainment venue, this property boasts a high-traffic location directly across from Rail Spike Park and the Greenwood Farmer's Market, ensuring maximum exposure. While the windows have been modified for previous use, numerous existing frames allow for the installation of new glass, dramatically improving natural light and visibility. The City of Greenwood offers a facade grant program, which may be applicable to this property. The interior features a painted concrete floor, a built-in counter/bar area, two restrooms, a small kitchen, and four convenient entrance/exit doors. The building's versatility allows for a wide range of uses, including but not limited to: entertainment venue, restaurant, retail space, or office space. A grassy area adjacent to the building offers additional outdoor space, ideal for outdoor dining or a playground. Across the street, a concrete walking trail and benches provide further community amenities. This property represents a unique opportunity to establish a thriving business in a vibrant and growing downtown area.
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.