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Listed by Natalie Graham • Epique Realty
$999,999
Est. payment /mo
3 Baths
Active
531 Central Ave. Laurel, MS 39440
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 148270
Full Baths 3
Annual Tax Amount $6,420
Tax Year 6420
Lot Dimensions 75' x 90' x 75' x 90'
Property Sub-Type Business
Source Hattiesburg Area Association of REALTORS®
Property Description
Positioned in the heart of historic Downtown Laurel, amid all the Home Town buzz, this approximately 6,600-square-foot mixed-use property offers a rare opportunity to own income-producing real estate in one of South Mississippi's most recognizable downtown districts.
At the $999k list price, the property offers an approximate 8.2% projected stabilized cap rate. Multiple commercial tenants, two established short-term rentals, and additional lease-up potential provide diversified income streams, existing cash flow, and future upside.
Whether you're expanding your portfolio, entering the short-term rental market, or seeking a performing mixed-use asset in a thriving downtown destination, this opportunity deserves a closer look.
Contact today for additional financial information and discover the endless business and investment opportunities this exceptional Downtown Laurel property has to offer.
At the $999k list price, the property offers an approximate 8.2% projected stabilized cap rate. Multiple commercial tenants, two established short-term rentals, and additional lease-up potential provide diversified income streams, existing cash flow, and future upside.
Whether you're expanding your portfolio, entering the short-term rental market, or seeking a performing mixed-use asset in a thriving downtown destination, this opportunity deserves a closer look.
Contact today for additional financial information and discover the endless business and investment opportunities this exceptional Downtown Laurel property has to offer.
Location
State MS
County Jones
Interior
Heating Electric
Cooling Electric, Central Air
Building
Structure Type Brick
NEARBY SCHOOL & BUSINESS
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