305 W Market Street, Greenwood, MS 38930 (MLS# 4090229)
305 W Market Street, Greenwood, MS 38930
$1,150,000
Property Type:
Commercial Sale
Square Footage:
24,255
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$1,150,000
List Date:
9/08/2025
Last Modified:
9/08/2025
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. 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.
More Information MLS# 4090229
Address and Location Information
Nearest Cross Street: Fulton
Parcel Number: 08510032500100
Directions to Property: On the corner of Fulton Street and West Market, directly across Market Street from the Leflore County Courthouse.
Community Of: N/A
Street Number: 305
Street Direction: W
Street Name: Market
Street Suffix: Street
County: Leflore
State: MS
Zip Code: 38930
Subdivision: Downtown
Location
Downtown: 1
Listing Information
Listing Service: Full Service
Never Occupied: No
Status: Active
List Date: 2024-08-30
List Price: $1,150,000
Current Price: $1,150,000
Property Sub Type: Apartment
General Property Information
Property Sub Type: Apartment
New Construction: No
Property Condition: Fixer
Approx Lot Size Acres: 0.35
Lot Size Dimensions: 110x138
SqFt Source: Public Records
List Price/SqFt: 47.41
Divisible: No
Year Built Source: Public Records
Total Floors: 2
Fireplace: No
Pool: No
Accessibility Features: Yes
Approx H/C SqFt: 24255
Year Built: 1920
Tax and Financial Information
Tax Annual Amount: 8059
Tax Year: 2023
Zoning: C2
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: LOTS 1-3 & 10' OFF EAST SIDE LOT 4 DESC IN DB 77 PG 351 BLOCK 15 HOWARD ADDITION
110' X 138'
Remarks & Miscellaneous
Public Remarks: 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. 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.
Current Use
Commercial: 1
Mixed Use: 1
Office: 1
Retail: 1
Structure Type
Lowrise 1-2 Floors: 1
Possible Use
Barber/Beauty: 1
Commercial: 1
Food Service: 1
Hotel/Motel: 1
Office: 1
Residential: 1
Restaurant: 1
Business Type
Accounting: 1
Advertising: 1
Commercial: 1
Computer: 1
Deli/Catering: 1
Doughnut: 1
Financial: 1
General Business: 1
Gift Shop: 1
Historical: 1
Pizza: 1
Printing: 1
Professional Service: 1
Professional/Office: 1
Real Estate: 1
Residential: 1
Restaurant: 1
Retail: 1
Senior Housing: 1
Lot Features
City Lot: 1
Corner Lot: 1
Level: 1
Covenants And Restrictions
Architectural Review: 1
Levels
Two: 1
Sewer
Public Sewer: 1
Commercial Features
Employee Restrooms: 1
Fiber Optic Available: 1
Rest Rooms: 1
% Leased: 25
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Renovation Loan: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Fiber to the House: 1
Ceiling Height
11' - 12.9': 1
Square Footage Description
Ofc. Bldg 10000-50000 SF: 1
Flooring
Linoleum: 1
Foundation Details
Slab: 1
Auction
Auction: No
Exterior Construction/Siding
Brick: 1
Parking Features
On Street: 1
Basement Features
Basement: No
Approx Age Code
Older 25+ Years: 1
Property Features
Business Type: Accounting; Advertising; Commercial; Computer; Deli/Catering; Doughnut; Financial; General Business; Gift Shop; Historical; Pizza; Printing; Professional Service; Professional/Office; Real Estate; Residential; Restaurant; Retail; Senior Housing
Current Use: Commercial; Mixed Use; Office; Retail
Possible Use: Barber/Beauty; Commercial; Food Service; Hotel/Motel; Office; Residential; Restaurant
Commercial Features: Employee Restrooms; Fiber Optic Available; Rest Rooms
Structure Type: Lowrise 1-2 Floors
Ceiling Height: 11' - 12.9'
Lot Features: City Lot; Corner Lot; Level
Location: Downtown
Levels: Two
Square Footage Description: Ofc. Bldg 10000-50000 SF
Covenants And Restrictions: Architectural Review
Flooring: Linoleum
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Fiber to the House
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional; Renovation Loan
Parking Features: On Street
Approx Age Code: Older 25+ Years
Listing Office:
Powers Properties
Listing Agent:
Pam Powers
Last Updated: September - 08 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.