Listed by NAI UCR Properties
$500,000
Former Historic Hotel Lamar
Details
Property Type Office, Hospitality
Sub Type Executive Office, Motel
Net Rentable (SqFt) 25,000
Year Built 1925
Office
Marketing description
NAI UCR Properties is proud to present 115-125 S. Main Street, Yazoo City, MS for Sale. Located in the heart of the Yazoo City Town Center District, the historic former hotel presents a prime redevelopment opportunity. This 25,000 SF building offers exceptional potential for conversion into a boutique hotel, office space, or multifamily residences. The first-floor spans 10,000 SF, ideal for retail, restaurant, or lobby space, while the upper floors, each 5,000 SF, provide ample room for residential or office use.
25% State Historic Rehabilitation Tax Credit Eligible 20% Federal Historic Rehabilitation Tax Credit Eligible 9% Low Income Housing Tax Credit Eligible Additional MDAH Grants could be applied for
With its central location in downtown Yazoo City, the property benefits from high visibility, walkability, and proximity to local businesses, government offices, and cultural attractions. Whether restoring its legacy as a hotel or reimagining it for modern commercial or residential use, this historic gem is a rare investment opportunity in a growing market.
Investment highlights
- 25% State Historic Rehabilitation Tax Credit Eligible
- 20% Federal Historic Rehabilitation Tax Credit Eligible
- 9% Low Income Housing Tax Credit Eligible
- Additional MDAH Grants could be applied for
- 25,000 SF
- Former Historic Lamar Hotel
- Prime Downtown Location
- Ideal for Redevelopment - hotel, office, or multifamily conversion
Listing Contacts
Listed by NAI UCR Properties
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