531 Central Ave.Laurel, MS 39440
None · Jones County
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.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Business
- Lot dimensions
- 75' x 90' x 75' x 90'
- Days on market
- 51
- MLS® Listing#
- 148270
Property Features
- Cooling
- Electric · Central Air
- Heating
- Electric
- Construction
- Brick
- Security
- Security System
- Utilities
- Electricity Available · Natural Gas Available · Sewer Available · Phone Available · Cable Available
- Water source
- Public
Financial Details
- Annual taxes
- $6,420
- Parcel number
- 119Y-06-07-008.00
Listing Courtesy: Epique Realty - 8888933537
Presented by: Natalie Graham
