531 Central Ave., Laurel, MS 39440
- $999,999
- 3
- BA
- List Price
- $999,999
- Status
- ACTIVE
- Days on Market
- 5
- MLS#
- 148270
- Subtype
- Commercial Sale
- Bathrooms
- 3
- Full Baths
- 3
- MLS Area Major
- Laurel
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.
Additional Information
- Taxes
- $6,420
- Heating
- Electric
- Air Conditioning
- Electric, Central Air
- Exterior Construction
- Brick
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Listing courtesy of Epique Realty.