205 Main Street, Mendenhall, MS 39114
Metes And Bounds · Simpson County
Key Facts
Description
Historic Downtown Mixed-Use Investment | 7,287 SF | Income Potential 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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1950
Stories
1
Living Area
9,879 sq ft
Lot Size
0.21 acres
Lot Dimensions
75X190
Days on Market
137
MLS® Listing#
4137331
Property Features
Cooling
Heating
Flooring
Parking
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$2,758
Tax year 2024
Parcel Number
3-108r-00-01900-003-01100
Affordability Calculator
$37,000
Estimated monthly payment
$985/mo
Principal $148,000 · Est. interest $206,473 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mendenhall, MS
- $262,500
- Median Listing Price
- 68
- Median Days on Market
- 1,925
- Median Sq Ft
- $170
- Median Price / Sq Ft
- 39
- Active Listings
- This home’s price is 30% below the area median.
- Its price per sq ft is 89% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mendenhall, MS.
Location
- 205 Main Street, Mendenhall, MS 39114
Points of Interest in Mendenhall, MS
Showing the Mendenhall area map.
Nearby Schools
Mendenhall High School
Secondary · 0.3 mi away
Genesis One Christian School
School · 0.5 mi away
Mendenhall Junior High School
Secondary · 0.9 mi away
Mendenhall Elementary School
Elementary · 1.2 mi away
Magee Elementary School
Elementary · 9.0 mi away
Magee Elementary School
Elementary · 10.1 mi away
Puckett High School
Secondary · 10.1 mi away
The Piney Woods School
School · 10.1 mi away
Puckett Elementary School
Elementary · 10.1 mi away
Puckett Attendance Center
Secondary · 10.1 mi away
Rankin County Schools
School · 10.1 mi away
Magee Middle School
Secondary · 10.2 mi away
Magee High School
Secondary · 10.3 mi away
Simpson Central School
School · 11.0 mi away
Simpson County Achievement Center
School · 11.1 mi away
McLaurin Elementary School
Elementary · 15.4 mi away
McLaurin High School
Secondary · 15.5 mi away
New Hebron Attendance Center
Elementary · 17.0 mi away
Grace Christian School
School · 18.0 mi away
Mount Olive Attendance Center
Elementary · 18.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 707 N West St., Mendenhall, MS | $129,900 | 2 | 1 | 1,126 |
| 815 Mamie Drive, Mendenhall, MS | $135,000 | 3 | 2 | 1,098 |
| 306 S Main Street, Mendenhall, MS | $135,000 | 3 | 2 | 1,878 |
| 838 S Main Street, Mendenhall, MS | $150,000 | 4 | 2 | 1,963 |
| 602 Circle Drive, Mendenhall, MS | $155,900 | 3 | 2 | 2,992 |
| 668 Rose Hill Road, Mendenhall, MS | $159,900 | 3 | 1 | 1,300 |
Moving Cost Estimate
EXIT Agents in Mendenhall
Listing Courtesy: Main Street Realty LLC - 6018493226
Presented by: Chris Curlee