305 W Market Street, Greenwood, MS 38930

$1,150,000
24,255
SqFt
List Price
$1,150,000
Status
ACTIVE
Days on Market
37
MLS#
4090229
Subtype
Commercial Sale
Year Built
1920
Living Area
24,255
Lot Size
15,246
Acres
0.35
Subdivision
Downtown

Property Description

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 façade 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. This blend of commercial and residential use would make it a cornerstone of the community's continued growth and development.

Additional Information

Taxes
$8,059
Flooring
Linoleum
Stories
Two

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Listing courtesy of Powers Properties.