114 W Main St - Freestanding FOR SALE


Tupelo, MS 38804
$2,500,000 USD
662-231-4262
114 W Main St, Tupelo, MS for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

114 W Main St
Tupelo, MS 38804


OVERVIEW

Landmark property in the heart of Tupelo’s revitalized CBD, totaling 20,136± SF across three buildings: Building 1 (10,502 SF, 3-story, 1890), Building 2 (4,774 SF, 2-story, 1941), and Building 3 (4,860 SF, 2-story, 1970). Additional lot available. The iconic brick structures feature large display windows, hardwood and slab floors, exposed beams, plaster walls, antique ceiling tiles, and a freight elevator. Steps from the Cadence Bank Arena, Lee County Courthouse, and “The Depot” farmers market space, the property enjoys strong event-driven foot traffic and tourism tied to Elvis Presley attractions. Street parking is available, with a 141-space public lot directly across Front Street. Ideally suited for mixed-use redevelopment, including downtown lofts, boutique hospitality, event space, food & beverage, or creative office space. Seller reserves the right to retain building #3. Located on West Main Street (ADT: 15,500), at the gateway entrance of historic downtown Tupelo "The All American City" and Front Street (ADT: 4,700) another primary corridor into downtown Tupelo. This Prime Main on Main corner is less than 0.5 mile from State Highway 45 (ADT: 36,000).

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tupelo Hardware Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

MUD

APN/PARCEL ID

089K-31-327-00

ASK ABOUT THIS PROPERTY

Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

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Clay ShortTRI Inc/RealtorsMore Info
662-231-4262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.