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745 Washington Ave

12,800 SF Retail Building Greenville, MS 38701 $1,600,000 ($125/SF)

Investment Highlights

  • Prime location in downtown Greenville, MS
  • Built in 1900 with historical charm
  • Ideal for commercial, retail, or mixed-use development

Executive Summary

Historic 2-Story Downtown Commercial Property with Hotel, Restaurant, and Event Space | Greenville, MS
Be introduced to a piece of Greenville’s history. This rare opportunity offers an incredible commercial property with a perfect blend of historical charm and modern luxury. Located in the heart of downtown Greenville, MS, this completely renovated 2-story building is ready for an excited new owner to continue its legacy. Originally built in 1900, the property has retained its authentic charm, with thoughtful renovations ensuring its place as a historical gem of the city.
Unique Historic Charm Meets Modern Elegance
This wonderful property includes all furniture and appliances that gives the property its remarkable, sophisticated charm. The interior showcases stunningly unique rustic design, featuring exposed brick and original woodwork that speaks to the building’s rich history. With a blend of chic elegance and vintage appeal, this property offers a unique opportunity to own a piece of Greenville’s cultural heritage.
Main Floor – Event Space & Restaurant
The ground floor hosts an event and entertainment room alongside a fully operational restaurant space and bar, each with its own double-door entrance. These spaces can be used separately or combined for larger events, providing maximum flexibility for a variety of functions. Together, they accommodate up to 600 people standing, making it ideal for receptions, corporate events, and private functions.
• Event Room: Spacious area with two stages, plenty of storage, and access to a security room (convertible into an office).
• Restaurant: Includes a fully equippable commercial kitchen with plenty of working space and a food serving hatch.
• Restrooms: Separate men’s and women’s restrooms with ample stalls and sinks to accommodate high traffic.
Upstairs – Boutique Hotel
Ascend the easy-to-climb stairs to reach the boutique hotel on the second floor, which has consistently ranked high across several traveler review platforms. This beautiful space has 15 luxury rooms, each with modern amenities including walk-in showers, individual climate control, and original fireplaces from 1900. The hotel’s exquisite decor features charming chandeliers, a ceiling skylight, and historical rustic finishes, making it both elegant and inviting.
• Room Types: Perfectly sizable to comfortably occupy king and queen beds, each designed to offer comfort with a touch of historical luxury.
Potential Streams of Income
This incredible property offers versatility for savvy investors or insightful business owners. With three distinct business opportunities under one roof, the new owner could choose to operate or lease the building’s event space, restaurant, and hotel separately for multiple streams of income. Alternately, the new owner could choose to operate or lease the complete building as a single, successful business endeavor. All furniture and appliances needed to fully operate each venture comes with this purchase.
Building Features:
• Fully wired for WiFi and satellite/cable.
• Fire sprinkler system installed.
• Tinted windows and doors for total privacy.
• Location: Centrally built in downtown Greenville, close to many of the city’s attractions and venues, including the Greenville History Museum, 1927 Flood Museum, and EE Bass Cultural Arts Center. Positioned within the Greenville Commercial (Boundary Increase I) District, as recognized on the National Register of Historic Places. Situated 8 minutes from Greenville Mall and 15 minutes from Mid-Delta Regional Airport.
Additional Information:
This one-of-a-kind building offers endless opportunities for a buyer who appreciates its history and wants to create a thriving business hub in downtown Greenville. Whether you are looking to expand a hospitality business or make a mark in the event and restaurant industries, this property offers the charm, history, and versatility to make it happen.
Contact Us Today
Don’t miss this extraordinary opportunity to own a  monumental piece of Greenville’s history and create a bright future with this unique commercial property. For inquiries or to schedule a tour, please directly contact Quan Wesley at 662-931-1214 or quan@turnkeysoldit.com to schedule a private viewing. Kindly refrain from contacting the owner or visiting the property unannounced.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,800 SF
Building Class
C
Year Built
1900
Price
$1,600,000
Price Per SF
$125
Tenancy
Single
Building Height
2 Stories
Building FAR
1.93
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CS - Commercial Services Zoning
Parking
4 Spaces (0.31 Spaces per 1,000 SF Leased)
Frontage
63 FT on Washington Avenue

Amenities

  • Fireplace
  • Restaurant
  • Security System
  • Skylights
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Nearby Major Retailers

Regions Bank
CB&S Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10402700000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$38,835
  • Listing ID: 33270765

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 745 Washington Ave, Greenville, MS 38701

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