118 N MAIN Street

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118 N MAIN Street

Newton, MS 39345
Asking Price
Contact for price
Asset Type
Medical Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Medical office property located at 118 N Main Street in Newton.
  • The building is situated within the primary downtown commercial corridor.
  • Asset provides a versatile space suitable for various professional clinical practices.
  • Strategic regional position within East Central Mississippi for service delivery.
  • Existing office building configuration supports immediate medical or business operations.

What's Special

Newton serves as a key community in East Central Mississippi, providing a strategic hub for local commerce and regional services. Situated along North Main Street, this medical office asset occupies a central position within the municipal landscape. The site benefits from its accessibility within the city, making it a viable location for healthcare providers or administrative professionals seeking a functional workspace. The property configuration supports specialized medical use, allowing practitioners to establish a presence within a stable regional market environment. Investors and owner-users will find the location conducive to serving the surrounding population base, given its prominence in the downtown area. The layout remains suitable for clinical operations, consulting rooms, or general business offices that require a professional street-front presence in a classic southern town setting. With proximity to local infrastructure and essential services, the building offers a practical solution for firms focused on accessible patient or client engagement.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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