$386,000

405 North Main, Water Valley MS, 38965

Price per sqft$159.97

Built in1920

Property size2,413 sqft

Property typeCommercial

Overview

Active

Listed Sep 16, 2026

Updated 2 days ago

Unique mixed-use property located in the heart of downtown with endless possibilities. This versatile building has previously been operated as a bed and breakfast, tanning salon, coffee shop, and retail space. The property features an upstairs apartment with one full bath, providing the opportunity for owner occupancy or additional rental income. The main level offers two additional bathrooms, for a total of three baths. Excellent location in the center of town with great visibility and convenient access to surrounding businesses. Ideal for retail, office space, salon, caf, lodging, rental income, or a combination of uses. A rare opportunity to own a distinctive downtown property with multiple potential income streams.

Additional information

MLS^® ID: 168489

Interior Features

Bathrooms: 3
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.05 Acres

Listed by Sherry S Fischer with RE/MAX Legacy (BOF)
Listing Contact: 6624734503

The IDX display contains information sourced from the North Central Mississippi REALTORS® as of 10/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/9/2026 at 4:11 AM UTC