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Leased Office-to-Residential Building
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1007 W Pine St, Hattiesburg, MS 39401

Commercial office is currently leased as residential, with reported heavy-rain water issues in the basement.

Days on Market224

Property Features for 1007 W Pine St

General Information

Standard status Active
Property subtype OFFICE
Listing Agency: London & Stetelman Realtors
Listed By: Andy D Stetelman
Source: Moodyscre
Added: Dec 18, 2025 Changed: Jul 29 Last Checked: Jul 30 at 8:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of London & Stetelman Realtors

Investment Insights

Based on property information with market context.

This commercial office building is currently leased as residential. Public remarks note that the basement experienced water intrusion during heavy rains, and there have not been recent reports of water since then. The back yard may also remain wet following heavy rainfall if the ditch has not been cleaned out by the City.

The property is located at 1007 W Pine St in Hattiesburg, Mississippi.

As presented, the key considerations for prospective buyers include the building’s current residential lease use and the history of basement water during severe weather, along with drainage conditions tied to the City-maintained ditch.

Key Highlights

  • Commercial office currently leased as residential for $1,000/mo with reported rental history
  • Reported heavy‑rain water issue in the basement; water occurred during heavy rains
  • Back yard may stay wet after heavy rains if the city ditch has not been cleaned out

Property Analytics

Current Use

Rogers Law Firm Law Firm

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Gym & Fitness Center Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

882
Businesses Nearby

Demographics for 39401, MS

43,183
Population
20,232
Households
2.1
Avg Household Size
32
Median Age
28%
College-Educated
89%
High-School Grad
188.9 sq mi
ZIP Area
229
Density / Sq Mi
$40,287
Median Household Income
$25,697
Median Earnings
$932
Median Rent
$120,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercial office is currently leased as residential, with reported heavy-rain water issues in the basement.
Where is this office building located?
The property is located at 1007 W Pine St Hattiesburg, MS.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Commercial office currently leased as residential for $1,000/mo with reported rental history; Reported heavy‑rain water issue in the basement; water occurred during heavy rains; Back yard may stay wet after heavy rains if the city ditch has not been cleaned out
(601) 270-9933 Call to check price and availability
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