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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.