123 S Main Street

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123 S Main Street

Newton, MS 39345
Asking Price
$1.29M
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase in Newton Mississippi
  • Prime location positioned on South Main Street
  • Asset offered at an asking price of 1290000 dollars
  • Central site supports various retail and service operations
  • Strategically situated for consistent regional accessibility

What's Special

Newton serves as a key hub within its region, supporting a steady local economy that benefits from regional transit connectivity. This storefront retail asset situated at 123 S Main Street occupies a central position in the municipality, providing high visibility for prospective businesses. The property is well-positioned for operations requiring direct street access and frequent interaction with the local customer base. Investors and business owners may find this retail space suitable for a variety of commerce-related applications. Given the established nature of the corridor, the building accommodates diverse configurations for merchandise sales or service-oriented enterprises. The straightforward layout allows for efficient adaptation to changing market needs while maintaining a functional presence in the downtown area.

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NOI
$80,000
Cap Rate
6.20%
DSCR
1.04
Tight
Cash-on-Cash
0.88%
Monthly Payment
$6,382.216
Annual Cash Flow
$3,413.406

Location & Travel Times