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433 S Main St 4,650 SF Specialty Building Offered at $399,000 in Grenada, MS 38901

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INVESTMENT HIGHLIGHTS

  • Downtown traffic
  • Ample parking
  • Parade Route

EXECUTIVE SUMMARY

This unique, fully furnished 5-bedroom historic Victorian home (circa 1900) is located minutes from Grenada Lake, one of the South’s premier crappie fishing destinations, and offers exceptional short-term rental potential.
Currently operated as a limited-use Airbnb, the property has demonstrated initial income and presents strong upside with full-time utilization and professional management. Conservative projections estimate $30,000–$66,000 in potential annual gross short-term rental revenue, depending on occupancy and operational strategy.
Positioned in a high-demand recreation corridor near I-55, with convenient access to Memphis and the University of Mississippi, this property is well-suited for investors seeking a turnkey short-term rental opportunity in a growing lifestyle and travel market.
Fully furnished and ready for immediate operation.

PROPERTY FACTS

Price $399,000
Price Per SF $85.81
Sale Type Investment or Owner User
Property Type Specialty
Building Size 4,650 SF
No. Stories 2
Year Built 1900
  • Listing ID: 38607619

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 433 S Main St, Grenada, MS 38901

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