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Listed by Natalie Graham • Epique Realty
$899,999
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 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
NEARBY SCHOOL & BUSINESS
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