Our city's Main Street has been a ghost town except for banks, law offices and courthouse for years. A few old money people own most of the buildings and for a long time if a new business could afford their rent to even open it was the sad talk of everybody when saw a business open of wonder how many months they'll be in business. Most were out within 6 months to a year.
The buildings are grandfathered in and so they don't have to bring them up to code, in spite of several having collapsed over the years. If a new person buys them they immediately have bring them up to codes, or in some cases go through the red tape of demolishing historic buildings.
We had a paint store years ago, rented the lower part of a building. It was in awful shape, landlord refused to fix an obvious hazard around the front door and would not allow us to have it improved either.
Very fickle old man to say the least. At one point he offered to sell the building and we got to go and look around on the second and third stories. Dilapidated and cluttered. Rain had been coming in on the top floor and it that third floor was literally covered a foot deep in pigeon skeletons. We said no way we'd buy it but he had already decided again not to sell but to raise our rent another $1000.
We soon phased out the store.
Now the south part of Main Street has been somewhat revitalized with new money out of state owners. They are wanting to become an arts and entertainment district. Not my cup of tea, but they improving the looks of that part of downtown, atleast from the road. A lot of us say they just putting lipstick on a pig