205 Main St N - Freestanding FOR SALE


Mendenhall, MS 39114
$185,000 USD
601-382-1271
205 Main St N, Mendenhall, MS for Sale
$185,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

205 Main St N
Mendenhall, MS 39114


HIGHLIGHTS

  • Income Potential
  • flexible floor plans
  • bright interior corridor with exposed wood

OVERVIEW

Historic Downtown Mixed-Use Investment | 7,287 SF | Income Potential Located in the heart of historic downtown Mendenhall just a the foot of Simpson County capitol, 205 Main Street N offers a rare opportunity to acquire an Orleans-style retail and office business mall with strong income potential and flexible use options. This 7,287± square foot mixed-use property features 11 offices/ suites leasing from $500.00 to $700.00 monthly. Offices and suites arranged along a bright interior corridor with exposed wood columns and high ceilings. The layout allows for easy reconfiguration and supports a wide variety of commercial uses. The building's iconic white stucco façade, large storefront windows, and prime Main Street visibility provide excellent curb appeal and walkability. On-site and street parking enhance convenience for tenants and customers alike. With potential rental income of potentially $7,700 per month, this property is ideal for investors seeking value-add upside or owner-operators looking to establish a presence in a growing downtown district. Highlights: 7,287± SF of office and retail space Orleans-style historic architecture Multiple tenant suites with flexible floor plans Prime Main Street North location Strong visibility and walkable downtown setting Income potential ~$7,700/month On-site and street parking available Ideal Uses: Retail boutiques, professional offices, salon/spa, wellness, medical or counseling offices, co-working space, creative studios, or business incubator. This is a unique opportunity to own a landmark commercial property with character, functionality, and long-term upside in downtown Mendenhall.

FOR SALE DETAILS

PRICE

$185,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

3-108R-00-04000-004-00500

ASK ABOUT THIS PROPERTY

Chris CurleeMain Street RealtyMore Info
601-382-1271

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

Chris CurleeMain Street RealtyMore Info
601-382-1271

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