531 Central Ave., Laurel, MS 39440
531 Central Ave., Laurel, MS 39440
531 Central Ave., Laurel, MS 39440
531 Central Ave., Laurel, MS 39440
531 Central Ave., Laurel, MS 39440
531 Central Ave., Laurel, MS 39440
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Listed by Natalie Graham • Epique Realty
$ 999,999
Est. payment | /mo

3 Baths


Save
$ 999,999
Est. payment | /mo
Save

3 Baths

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.

Location

State MS

County Jones

Interior

Heating Electric

Cooling Electric, Central Air

Building

Structure Type Brick

NEARBY SCHOOLS & PROPERTIES

Lauren Bynum

"We're your ally in the home buying and selling process in the Pine Belt. Contact us to learn the two-agent advantage!"
- Lauren  

+1(601) 466-2605

lbynumhomes@gmail.com

409 W Oak Street, Ste 202, Laurel, United States

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531 Central Ave.