205 Main Street, Mendenhall, MS 39114

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List Price
$150,000
Status
ACTIVE
Days on Market
248
Price Change
▼ $35,000 1787863976
MLS#
4137331
Subtype
Commercial Sale
Year Built
1950
Living Area
9,879
Lot Size
9,147
Acres
0.21
Subdivision
Metes And Bounds

Property Description

Historic Downtown Mixed-Use Investment | 7,287 SF | Income Potential Located in the heart of historic downtown Mendenhall just a the foot of Simpson County capitol, 205 Main Street N offers a rare opportunity to acquire an Orleans-style retail and office business mall with strong income potential and flexible use options. This 7,287± square foot mixed-use property features 11 offices/ suites leasing from $500.00 to $700.00 monthly. Offices and suites arranged along a bright interior corridor with exposed wood columns and high ceilings. The layout allows for easy reconfiguration and supports a wide variety of commercial uses. The building's iconic white stucco façade, large storefront windows, and prime Main Street visibility provide excellent curb appeal and walkability. On-site and street parking enhance convenience for tenants and customers alike. With potential rental income of potentially $7,700 per month, this property is ideal for investors seeking value-add upside or owner-operators looking to establish a presence in a growing downtown district. Highlights: 7,287± SF of office and retail space Orleans-style historic architecture Multiple tenant suites with flexible floor plans Prime Main Street North location Strong visibility and walkable downtown setting Income potential ~$7,700/month On-site and street parking available Ideal Uses: Retail boutiques, professional offices, salon/spa, wellness, medical or counseling offices, co-working space, creative studios, or business incubator. This is a unique opportunity to own a landmark commercial property with character, functionality, and long-term upside in downtown Mendenhall.

Additional Information

Taxes
$2,758
Flooring
Concrete, Wood

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Listing courtesy of Chris Curlee with Main Street Realty LLC