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Listed by Natalie Graham • Epique Realty

$899,999

Est. payment - /mo

3 Baths

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UPDATED:

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 the excitement surrounding HGTV's Home Town, this approximately 6,600-square-foot mixed-use property offers an exceptional investment opportunity at its newly reduced price of $899,999. Featuring an attractive **9.1% projected stabilized cap rate**, the property combines multiple commercial tenants, two established short-term rentals, and additional lease-up potential to create diversified income streams and room for future growth. With existing cash flow, established rental operations, and a prime location in one of South Mississippi's most recognizable downtown destinations, this property offers investors the opportunity to capitalize on both current income and future upside. Whether you're expanding your investment portfolio or looking for a mixed-use property with multiple revenue streams, this is an opportunity worth exploring. Contact today for detailed financial information and discover the investment potential of Downtown Laurel.

Location

State MS

County Jones

Interior

Heating Electric

Cooling Electric, Central Air

Building

Structure Type Brick

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Nearby Locations

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Frankie Mickovski

+1(601) 549-8046

Agent License ID: S 53203