316 Forrest St Hattiesburg, MS 39401

This is a rare opportunity to acquire a ±97,000 SF historic former jail facility in the heart of the rapidly growing Historic Downtown Hattiesburg district. Positioned in one of Mississippi’s most active and evolving downtown markets, this property offers significant scale, character, and adaptive reuse potential for visionary developers and investors. The property includes an on-site parking lot, with an additional adjacent parking lot available through separate negotiation. The building’s size, location, and historic architecture create an ideal canvas for a transformative mixed-use redevelopment project. Potential redevelopment uses include multifamily apartments, condominiums, boutique hotel or hospitality concept, retail and restaurant space, grocery or market concept, entertainment venue, office or creative workspace, and mixed-use redevelopment. Located within close proximity to Downtown Hattiesburg’s restaurants, nightlife, retail, and cultural attractions, the property is well-positioned to capitalize on continued investment and residential growth in the area. Opportunities of this scale and historic significance in Downtown Hattiesburg are increasingly rare.