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:
1/05/2026
Last Modified:
1/05/2026
Overview
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.
Listing Details MLS# 4090229
General Property Information
- Approx Lot Size Acres
- 0.35
- Lot Size Dimensions
- 110x138
- Approx H/C SqFt
- 24255
- SqFt Source
- Public Records
- List Price/SqFt
- 47.41
- Divisible
- No
- Year Built
- 1920
- Year Built Source
- Public Records
- Total Floors
- 2
- Fireplace
- No
- Pool
- No
- Accessibility Features
- Yes
- Property Sub Type
- Apartment
- New Construction
- No
- Property Condition
- Fixer
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
Address and Location Information
- Street Number
- 305
- Street Direction
- W
- Street Name
- Market
- Street Suffix
- Street
- County
- Leflore
- State
- MS
- Zip Code
- 38930
- Nearest Cross Street
- Fulton
- Parcel Number
- 08510032500100
- Subdivision
- Downtown
- 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
Listing Information
- Property Sub Type
- Apartment
- Listing Service
- Full Service
- Never Occupied
- No
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'
Commercial Features
- % Leased
- 25
- Employee Restrooms
- Yes
- Fiber Optic Available
- Yes
- Rest Rooms
- Yes
More Information
Auction
- Auction
- No
Showing Requirements
- Showing
- Appointment Required
Basement Features
- Basement
- No
Location
- Downtown
- Yes
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
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Retail
- Yes
Structure Type
- Lowrise 1-2 Floors
- Yes
Possible Use
- Barber/Beauty
- Yes
- Commercial
- Yes
- Food Service
- Yes
- Hotel/Motel
- Yes
- Office
- Yes
- Residential
- Yes
- Restaurant
- Yes
Business Type
- Accounting
- Yes
- Advertising
- Yes
- Commercial
- Yes
- Computer
- Yes
- Deli/Catering
- Yes
- Doughnut
- Yes
- Financial
- Yes
- General Business
- Yes
- Gift Shop
- Yes
- Historical
- Yes
- Pizza
- Yes
- Printing
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Real Estate
- Yes
- Residential
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Senior Housing
- Yes
Lot Features
- City Lot
- Yes
- Corner Lot
- Yes
- Level
- Yes
Covenants And Restrictions
- Architectural Review
- Yes
Levels
- Two
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
- Renovation Loan
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
- Fiber to the House
- Yes
Ceiling Height
- 11' - 12.9'
- Yes
Square Footage Description
- Ofc. Bldg 10000-50000 SF
- Yes
Flooring
- Linoleum
- Yes
Foundation Details
- Slab
- Yes
Exterior Construction/Siding
- Brick
- Yes
Parking Features
- On Street
- Yes
Approx Age Code
- Older 25+ Years
- Yes
Listing Office:
Powers Properties
Listing Agent:
Pam Powers
Last Updated: January - 05 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.