Positioned along highly traveled US Highway 82, this well-known commercial property offers exceptional visibility with approximately 125 feet of highway frontage in the heart of Greenwood, Mississippi. Built in 1977, the building contains approximately 3,672 square feet and is ideally suited for restaurant or food service operations.The property features ample parking with approximately 45 dedicated spaces, ensuring convenient access for customers and staff. Accessibility features are already in place, enhancing usability and compliance. The interior is equipped with multiple commercial coolers, cookers, and restaurant furniture, providing a strong foundation for immediate operation or an efficient restart with minimal build-out.The freestanding structure and prominent signage opportunities make this location ideal for a restaurant, take-out concept, or other high-traffic commercial use. Its strategic highway location offers excellent exposure to daily commuter traffic and regional travelers alike.Whether you're an owner-operator looking to establish a presence or an investor seeking a visible commercial asset, this property presents a rare opportunity in a proven corridor of Greenwood.
The subject property is a vacant commercial lot on the North side of Carrollton Ave. in a C-1 Neighborhood Zoning District.
INDUSTRIAL BUILDINGOVER 30,600 SQ FTWITH COLD STORAGE & FREEZER STORAGE8.1 % Cap Rate CurrentlyIdeal for investor who wants to capitalize on the lack of cold storage space or for the food service companies that want to be more regionally located. Reception Area Currently 7 office spaces Break room with kitchen and vending area Cold storage cooler space totaling approx 5,100 sq ft with full tow motor sized doors for access with approx 2,000 sqft being freezer space that also has full tow motor sized doors Double enclosed and elevated truck docks for out-of-weather loading and unloading of products make logistics much easier to handle Fresh updates and new refrigeration Equipment all less than 6 years old Entire facility is leased with and income producing currently leased as warehouse to 2 Tenants. 8.1% Cap Rate New owner can keep tenant or discontinue lease. Ideal location for Distribution Center Or Investment
Historic Commercial Building with Loft Conversion PotentialCA 1918Total Sq. Ft.: 15,492Located in the heart of Greenwood's Historic District, this solid brick commercial building was originally built in 1918 as a pharmaceutical manufacturing facility and retains its rich architectural character. Offering 15,492 total square feet across two floors and a full basement, the property features an open floor plan, 20-foot ceilings, and vintage windows that provide abundant natural light.The building sits on a triangular lot with excellent street presence and ample on-site parking -- a rare find in downtown Greenwood. Zoned for flexible use, this structure is an ideal candidate for adaptive reuse or redevelopment into upscale loft apartments.Highlights:Historic solid brick construction15,492 total sq. ft.20' ceilings and wide-span open interiorNatural light throughout via large vintage windowsIdeal for redevelopment into up to 12 one-bedroom loft unitsLocal market rents: $1,500/month per unitWalkable to downtown retail, dining, and cultural landmarksStrong long-term investment potential
This office building was constructed in 1985., is situated in a prime location along location along a bustling U.S. highway, offering excellent visibility and accessibility. It's positioned near big box stores and restaurants
Multi use building with Highway 82 frontage. Retail office space facing Highway 82 with 10,586 sq ft of insulated warehouse space behind the office. Warehouse and retail office space are currently 100% rented by long term tenants. The 2000 sq ft office space includes 500 sq ft that could be split off and rented also. There are 3 warehouse - a 5386 sq ft warehouse with 2 bathrooms and 2-2600 sq ft warehouses, all connected and rented separately. The entire building is sprinklered with central heat and air in the office and large warehouse area. The office tenant would want a long term lease with the new owner.
ICONIC TOTALLY RENOVATED BUILDING HISTORIC DOWNTOWN GREENWOOD IN THE HEART OF THE MS DELTA! The 222 also known as Three Deuces building has been completely renovated for use as a modern restaurant and bar/event space. It is ready to go and has so much history so many future Patrons will find so interesting. Approx 7,000 sq feet over 3 Floors with elevator make this unique building a must see for any Investor or Entrepreneur. Call for more detail on this Hidden Gem today!
GREAT INVESTMENT OPPORTUNITY! Regional Tenant leased. The Home Hardware building has been a successful lumberyard and building supply store for many decades. With proven success, this investment opportunity is perfect for the investor that truly just wants a passive investment with No Landlord Responsibility. This property is currently priced at a 11.4% cap rate. Don't wait as there aren't many opportunities to find a solid deal at that cap rate!
This is an incredible opportunity to own a prime property in the heart of historic downtown Greenwood, MS! This two-story commercial building offers a perfect blend of retail and residential spaces, making it an ideal investment for entrepreneurs and visionaries looking to be part of the vibrant downtown scene.Features:Retail Potential:Two separate retail spaces on the first floor, currently leased on a month-to-month basis. Tenants can remain or vacate based on the new owner's preference.Residential Opportunity:The second floor features a spacious apartment with all-new windows and potential for additional living spaces. Downtown living is highly desirable, with apartments and flats rarely available!Prime Location:Situated near popular landmarks such as the Alluvian Hotel, Viking Cooking School and Retail Store, boutique shops, and banks, this property is at the heart of Greenwood's bustling downtown district.Historic Charm:A contributing building in the Greenwood Downtown Historic District, this two-story brick building blends historic significance with modern updates.Architectural Details:Tall ceilings, adding character and charmModern glass storefront with a canvas awningMetal and glass display windowsHistoric cast-iron posts, likely preserved within the supporting piersThis well-maintained property is perfect for anyone looking to invest in Greenwood's thriving downtown area. With its mix of rental income, residential appeal, and historic character, it's an opportunity not to be missed!
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.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Greenwood is located in Mississippi. Greenwood, Mississippi has a population of 14,521. Greenwood is more family-centric than the surrounding county with 18.39% of the households containing married families with children. The county average for households married with children is 17.56%.
The median household income in Greenwood, Mississippi is $28,221. The median household income for the surrounding county is $30,182 compared to the national median of $69,021. The median age of people living in Greenwood is 34.9 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 33.5 degrees. The average rainfall is approximately 55 inches per year, with 0.9 inches of snow per year.
