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Epique Realty
531 Central Ave., Laurel, MS 39440
- $899,999
- 3
- BA
- List Price
- $899,999
- Status
- ACTIVE
- Days on Market
- 73
- Price Change
- ▼ $100,000 1792127373
- 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 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.
Additional Information
- Taxes
- $6,420
- Heating
- Electric
- Air Conditioning
- Electric, Central Air
- Exterior Construction
- Brick
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Listing courtesy of Epique Realty.