97 1st St - Retail FOR SALE


Grenada, MS 38901 | 
$2,500,000 USD
662-417-8714
97 1st St, Grenada, MS for Sale
$2,500,000 USD
Retail - FOR SALE
1/34
null | 13.44% Cap Rate

97 1st St
Grenada, MS 38901


OVERVIEW

A rare opportunity to own the heart of Downtown Grenada. Offered for the first time as a single portfolio, this exceptional investment includes 13 properties spanning two blocks on one of the busiest corners of the historic courthouse square. The portfolio features a strong mix of established income-producing tenants, including a bank, professional offices, retail shops, loft apartments, a restaurant, bar, open-air courtyard, and the renowned First & Green event venue. Additional storefronts offer room for future growth. Located within Grenada's certified historic district, the properties may qualify for valuable state and federal historic preservation tax credits. Positioned along Interstate 55 between Memphis and Jackson, this is a premier opportunity to own the centerpiece of one of Mississippi's most vibrant downtown districts. Reach out for further information on the listing.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$463 USD /SF

CAP RATE

13.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

103O-08-214.00

ASK ABOUT THIS PROPERTY

Tommy JonesMcMinn RealtyMore Info
662-417-8714

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Tommy JonesMcMinn RealtyMore Info
662-417-8714

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