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.
Listed By
Agency Name: Epique Realty
Agency Phone: (888) 893-3537
Shown By
Agent Name: Frank Read
Agent Phone: (601) 297-0490
Agency Title: Crye-Leike Real Estate Services
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531 Central Ave. | MLS# 148270
This commercial property located at 531 Central Ave., Laurel, MS 39440 is currently listed for sale with an asking price of $999,999. Search Laurel real estate on frankread.crye-leike.com today.