Historic Mixed-Use
105 N College St Brandon, MS 39042
For Sale
$789,000
Historic building configured for Airbnb-style lodging with multiple suites and flexible office potential.
Property Size4,603 SF
Price / SF$171.41
Days on Market140
Property Features for 105 N College St
General Information
- Standard status
- Active
- Size
- 4,603 SF
Listing Agency:
Enjoy Real Estate, LLC
(601) 405-9825
Listed By:
Carson Dobbs · License #B24502
(601) 405-9825
Source:
Exprealty
Added: Mar 5
Changed: Jul 23
Last Checked: Jul 23 at 4:42AM
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 Enjoy Real Estate, LLC
Investment Insights
Based on property information with market context.
This historic property is configured as an Airbnb-style lodging space and includes four separate suites for sleeping, each with at least two bedrooms and a full bathroom. The building also offers flexibility for office use, whether as multiple office suites or as a full-building headquarters. Two staircases provide access to the second floor, and an additional third story adds further space and layout possibilities.
Located at 105 N College St in Brandon, the property is described as walkable to restaurants in downtown Brandon, and it is also positioned for hosting wedding parties and guests in connection with The Vault Venue.
With its multi-slate suite setup, in-building stair access to upper levels, and additional third-story area, the building supports multiple real-world operating configurations while retaining its distinctive historic character.
Located at 105 N College St in Brandon, the property is described as walkable to restaurants in downtown Brandon, and it is also positioned for hosting wedding parties and guests in connection with The Vault Venue.
With its multi-slate suite setup, in-building stair access to upper levels, and additional third-story area, the building supports multiple real-world operating configurations while retaining its distinctive historic character.
Key Highlights
- Historic building configured for Airbnb‑style lodging with multiple suites for sleeping
- 4 separate suites for sleeping, each with at least 2 bedrooms and a full bathroom
- Two staircases provide access to the second floor
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.9k | $18.00 |
| − Vacancy | −$16.6k | −$3.60 |
| EGI | $66.3k | $14.40 |
| − OpEx | −$16.6k | −$3.60 |
| NOI | $49.7k | $10.80 |
4,603 SF · lease $18.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$710.2K
$621.4K – $828.5K
NOI $49,712 @ 7.0% cap · market cap 6.30%
Second Best
Hotel Hospitality
$398.2K
$348.5K – $464.6K
NOI $27,877 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,378 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
John B. Dongieux ...
Law Firm
Joiner Law Firm ...
Law Firm
FAQs
What type of property is this?
Hotel - Historic building configured for Airbnb-style lodging with multiple suites and flexible office potential.
Where is this hotel located?
The property is located at 105 N College St Brandon, MS.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Historic building configured for Airbnb‑style lodging with multiple suites for sleeping; 4 separate suites for sleeping, each with at least 2 bedrooms and a full bathroom; Two staircases provide access to the second floor
