Historic Hattiesburg Redevelopment
For Sale
Contact for pricing
316 Forrest St, Hattiesburg, MS 39401
97,000 SF historic building in growing downtown district.
Property Size97,000 SF
Price / SF$18.04
Days on Market112
Property Features for 316 Forrest St
General Information
Standard status
Active
Size
97,000 SF
Property subtype
RETAIL
Listing Agency:
London & Stetelman Realtors
(601) 268-8770
Listed By:
Markus Simmons · License #S-56296
(601) 270-5965
Source:
Moodyscre
Added: May 15
Changed: Aug 23
Last Checked: Sep 1 at 10:29PM
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 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.
Key Highlights
- Large ±97,000 SF historic building in Downtown Hattiesburg.
- Significant adaptive reuse potential for various development projects.
- Located in a rapidly growing and active downtown market.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 97,000 SF historic building in growing downtown district.
Where is this mixed-use property located?
The property is located at 316 Forrest St Hattiesburg, MS.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Large ±97,000 SF historic building in Downtown Hattiesburg.; Significant adaptive reuse potential for various development projects.; Located in a rapidly growing and active downtown market.
