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114 W Main St
Tupelo, MS 38804
Tupelo Hardware Company · Retail Property For Sale


EXECUTIVE SUMMARY
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).
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).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,136 SF
Building Class
C
Year Built/Renovated
1890/2020
Price
$2,500,000
Price Per SF
$124.16
Tenancy
Single
Building Height
3 Stories
Building FAR
1.36
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
MUD - Mixed Use Downtown
PROPERTY TAXES
| Parcel Number | 089K-31-327-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $116,286 |
PROPERTY TAXES
Parcel Number
089K-31-327-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$116,286
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