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Investment Highlights

  • Income Potential
  • bright interior corridor with exposed wood
  • flexible floor plans

Executive Summary

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 Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,879 SF
Building Class
C
Year Built
1967
Price
$254,930 CAD
Price Per SF
$25.81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.40 AC
Opportunity Zone
Yes
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
3-108R-00-04000-004-00500
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$22,408 CAD
  • Listing ID: 41825561

  • Date on Market: 2026-08-20

  • Last Updated:

  • Address: 205 Main St N, Mendenhall, MS 39114

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