Local banker eyes property for mixed-use development
by MBJ Staff
Published: August 4,2011
GREENVILLE — According to commercial real estate broker Mal Kretschmar, an historic downtown Greenville building has been sold and might be converted into a mixed-use development.
The building at 915 Washington Avenue was built in 1870, and saw renovations and expansions in 1900 and 1965. Over the course of its history, the building has served many purposes, but is best known as the headquarters of the city’s chamber of commerce.
Kretschmar reports the property was originally marketed as a potential new bed and breakfast. However, that deal did not materialize.
Now, local banker Greg Hatley has purchased the 2,650-square-foot facility and plans to redevelop it into a mixed-use development.
The terms of the deal were not disclosed.
Among its amenities include a window porch overlooking gardens, large conference room and elevator. On the same grounds there is a separate building and parking lot.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Family launches Billups Coffee with headquarters in Oxford
- Chris McDaniel responds to radio show audio clip
- Mississippi State makes NSF ranking of research universities
- ‘Just the beginning’ — Venture Technologies merging, acquiring companies
- Chaney drops lawsuit against National Flood Insurance Program
- Hood joins other AGs in efforts to curb copper theft
- Entergy gives $500K grant to The Nature Conservancy
- Sawtimber, pulpwood markets improving, but challenges remain