UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,879 sqft
Price per Sqft $21
Subdivision Metes And Bounds
MLS Listing ID 4137331
Year Built 1950
Annual Tax Amount $2,758
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 75X190
Property Sub-Type Mixed Use
Source MLS United
Property Description
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.
Location
State MS
County Simpson
Interior
Heating Electric, Other
Cooling Central Air
Flooring Concrete, Wood
Exterior
Parking Features On Street
Garage No
Building
Foundation Block, Concrete Perimeter, Slab
Sewer Private Sewer
Water Public
New Construction No
Others
Tax ID 3-108r-00-01900-003-01100
Virtual Tour https://www.propertypanorama.com/205-Main-Street-Mendenhall-MS-39114/unbranded
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Wendy Gay
Principal Broker | License ID: B-22419
Principal Broker License ID: B-22419