305 W Market Street Active

Greenwood,MS 38930

$ 1150000

- Bed

0 Bath

24255 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 24,255 sqft

Price per Sqft $47

Subdivision Downtown

MLS Listing ID 4090229

Year Built 1920

Annual Tax Amount $8,059

Lot Size 0.350 Acres

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 fa�ade 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.

Location

State MS

County Leflore

Interior

Flooring Linoleum

Exterior

Parking Features On Street

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected,Fiber to the House

Building

Lot Description City Lot,Corner Lot,Level

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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