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Investment Highlights

  • Across from the courthouse
  • Close to restaurants and shopping
  • High visibility
  • Walkable

Executive Summary

An historic building in downtown Greenwood, MS, within the historic district, a well-preserved, early 20th-century structure. Imagine a two or three-story brick building with classic architectural details. The facade is grand yet understated, showcasing the craftsmanship of the era, with large windows that invite natural light into the interior. The building could have a blend of retail spaces on the ground floor, suitable for boutiques, restaurants, and cafes, while the upper floors could be converted into luxury apartments. These apartments would feature high ceilings and modern amenities, blending historic charm with contemporary living. The building's location within the desirable area of downtown Greenwood, directly across from the Courthouse and convenient to restaurants, banks, professional offices and a vital downtown, makes it an attractive option for businesses and residents alike, contributing to the revitalization of the district. It would qualify for historic tax credits, helping to offset renovation costs while preserving its architectural integrity. Given its prime location and historical significance, the owner will lease back portions of the building, for his attorney offices, ensuring that it remains a thriving part of Greenwood's historic fabric. The space housing a former restaurant has been leased for a new restaurant. This blend of commercial and residential use would make it a cornerstone of the community's continued growth and development. The restaurant space is recently leased and in the process of renovation.

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
24,255 SF
Building Class
C
Year Built
1920
Price
$950,000
Price Per SF
$39.17
Tenancy
Single
Building Height
1 Story
Typical Floor Size
24,255 SF
Building FAR
1.60
Lot Size
0.35 AC
Zoning
C-2 - Downtown Commercial

Amenities

  • Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
08510032500100
Land Assessment
$10,243
Improvements Assessment
$41,161
Total Assessment
$51,404
  • Listing ID: 40362402

  • Date on Market: 5/1/2026

  • Last Updated:

  • Address: 305 W Market St, Greenwood, MS 38930

Contact the Sale Advisor

305 W Market St

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