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Hotel Lamar 115 S Main St 20 Room Hotel Yazoo City, MS 39194 $697,960 CAD ($34,898 CAD/Room)
INVESTMENT HIGHLIGHTS
- 25,000 SF
- Prime Downtown Location
- Former Historic Lamar Hotel
- Ideal for Redevelopment - hotel, office, or multifamily conversion
EXECUTIVE SUMMARY
NAI UCR Properties is proud to present 115-125 S. Main Street, Yazoo City, MS for Sale. Located in the heart of the Yazoo City Town Center District, the historic former hotel presents a prime redevelopment opportunity. This 25,000 SF building offers exceptional potential for conversion into a boutique hotel, office space, or multifamily residences. The first-floor spans 10,000 SF, ideal for retail, restaurant, or lobby space, while the upper floors, each 5,000 SF, provide ample room for residential or office use.
25% State Historic Rehabilitation Tax Credit Eligible
20% Federal Historic Rehabilitation Tax Credit Eligible
9% Low Income Housing Tax Credit Eligible
Additional MDAH Grants could be applied for
With its central location in downtown Yazoo City, the property benefits from high visibility, walkability, and proximity to local businesses, government offices, and cultural attractions. Whether restoring its legacy as a hotel or reimagining it for modern commercial or residential use, this historic gem is a rare investment opportunity in a growing market.
Situated in the Yazoo City Town Center District, the property offers a prime downtown location with excellent visibility and accessibility. Surrounded by local businesses, government offices, and cultural landmarks, the property is within walking distance of shopping, dining, and community attractions, making it an ideal site for redevelopment.
25% State Historic Rehabilitation Tax Credit Eligible
20% Federal Historic Rehabilitation Tax Credit Eligible
9% Low Income Housing Tax Credit Eligible
Additional MDAH Grants could be applied for
With its central location in downtown Yazoo City, the property benefits from high visibility, walkability, and proximity to local businesses, government offices, and cultural attractions. Whether restoring its legacy as a hotel or reimagining it for modern commercial or residential use, this historic gem is a rare investment opportunity in a growing market.
Situated in the Yazoo City Town Center District, the property offers a prime downtown location with excellent visibility and accessibility. Surrounded by local businesses, government offices, and cultural landmarks, the property is within walking distance of shopping, dining, and community attractions, making it an ideal site for redevelopment.
PROPERTY FACTS
| Price | $697,960 CAD | Lot Size | 0.23 AC |
| Price Per Room | $34,898 CAD | Building Size | 20,379 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 1920 |
| Building Class | C | Corridor | Interior |
| Price | $697,960 CAD |
| Price Per Room | $34,898 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 20,379 SF |
| No. Rooms | 20 |
| No. Stories | 4 |
| Year Built | 1920 |
| Corridor | Interior |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 20 | $90.73 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 3-278M-33-309.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,450 CAD |
PROPERTY TAXES
Parcel Number
3-278M-33-309.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,450 CAD
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Hotel Lamar | 115 S Main St
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