# 405 N Main, Water Valley, MS 38965

> **TL;DR:** commercial, $386,000 ($160/sqft), built 1920, 2,413 sqft.
> A/C. Est. $2,065/mo. Listed 43 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $386,000 |
| Price/sqft | $160 |
| Square Feet | 2,413 |
| Year Built | 1920 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 43 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,952 |
| Estimated Insurance | $113 |
| **Total** | **$2,065** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1920
- 10 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 405 N Main, Water Valley, MS 38965
- **County:** YALOBUSHA
- **Coordinates:** 34.1526235, -89.631539
- **Google Maps:** https://www.google.com/maps?q=34.1526235,-89.631539

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/405-North-Main-Water-Valley-MS-38965/unbranded

## Listing Agent

- **Name:** Sherry S Fischer
- **Brokerage:** RE/MAX Legacy Realty (BOF)
- **Broker Phone:** 6626071030
- **Listing URL:** [View original listing](http://www.usamls.net/ncentral/default.asp?mls_number=168489&content=expanded&this_format=0)

## Photos

![405 N Main - Photo 1](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3708857549r.jpg)

![405 N Main - Photo 2](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2800375538r.jpg)

![405 N Main - Photo 3](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1068870005r.jpg)

![405 N Main - Photo 4](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3955423661r.jpg)

![405 N Main - Photo 5](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1948709034r.jpg)

![405 N Main - Photo 6](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3294690038r.jpg)

![405 N Main - Photo 7](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2641967139r.jpg)

![405 N Main - Photo 8](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1482155683r.jpg)

![405 N Main - Photo 9](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f178980275r.jpg)

![405 N Main - Photo 10](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f889727004r.jpg)

![405 N Main - Photo 11](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f4042440095r.jpg)

![405 N Main - Photo 12](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3955423661r.jpg)

![405 N Main - Photo 13](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2641967139r.jpg)

![405 N Main - Photo 14](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1948709034r.jpg)

![405 N Main - Photo 15](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1084157285r.jpg)

![405 N Main - Photo 16](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2623945772r.jpg)

![405 N Main - Photo 17](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f851957554r.jpg)

![405 N Main - Photo 18](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3924437305r.jpg)

![405 N Main - Photo 19](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2299283141r.jpg)

![405 N Main - Photo 20](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3457196361r.jpg)

![405 N Main - Photo 21](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2873427925r.jpg)

![405 N Main - Photo 22](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1891276141r.jpg)

![405 N Main - Photo 23](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f118974557r.jpg)

![405 N Main - Photo 24](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3597840678r.jpg)

![405 N Main - Photo 25](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3649866591r.jpg)

![405 N Main - Photo 26](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3539894107r.jpg)

![405 N Main - Photo 27](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2611455116r.jpg)

![405 N Main - Photo 28](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2814873238r.jpg)

![405 N Main - Photo 29](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f1241460214r.jpg)

![405 N Main - Photo 30](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f393291682r.jpg)

![405 N Main - Photo 31](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f3420018505r.jpg)

![405 N Main - Photo 32](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f2513748247r.jpg)

![405 N Main - Photo 33](http://lh.rdcpix.com/de40585b24a1ad4983390c03ecc4af48l-f4028722250r.jpg)

---

**MLS#:** 168489 | **Updated:** 2026-10-28
**Source:** listhub

*Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/405-n-main-water-valley-ms-38965-c9905935ee164c6298e70c94b8d596e1)

---

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