Rare opportunity to own 1.37 acres on Main Street in historic downtown Water Valley. Property offers 92 ft of frontage on Main Street and 261 ft on Railroad Street. Currently used as retail with a 4,000 sq ft retail building, 4,800 sq ft warehouse, and multiple open sheds. Excellent visibility and flexible layout ideal for retail, office, or mixed-use development. Some deed restrictions will apply. Property is currently occupied. Please call to schedule your showings. Business is not for sale, only the real estate.