Search
Three-Level Mixed-Use Building
For Sale
Contact for pricing
Pending

437 N Magnolia St, Laurel, MS 39440

Historic downtown property combines furnished short-term accommodations, storefront space, and lower-level storage.

Property SizeContact for details
Days on Market141

Property Features for 437 N Magnolia St

General Information

Standard status Pending
Property subtype Mixed Use

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Red Fox Realty
Listed By: Courtney Edwards · License #MS B23545
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:31AM

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 Red Fox Realty

Investment Insights

Based on property information with market context.

This three-level mixed-use building contains six rental unit opportunities across a combination of lodging, retail, and storage areas. The upper floor includes four furnished units, each with a full kitchen and bathroom, and configured to accommodate between two and five guests. The main level provides two additional spaces: a larger former restaurant area with a full kitchen, dining room, utility area, and bathrooms, plus a smaller retail suite. The lower level is used primarily for storage.

The property is located in Historic Downtown Laurel, Mississippi, at 437 N Magnolia St. Free public parking is available across the street, while no private parking access is included with the building. The existing layout supports a mix of short-term accommodations and commercial occupancy within one centrally located property.

Key Highlights

  • Three‑level mixed‑use building with 6 rental unit opportunities
  • Four furnished upper‑level units, each with a full kitchen and bathroom
  • Upper‑level accommodations range from 2 to 5 guests per unit

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Skin Care Clinic Kitchen & Bath Showroom Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Carpet & Flooring Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

939
Businesses Nearby

Demographics for 39440, MS

19,759
Population
9,035
Households
2.2
Avg Household Size
35
Median Age
20%
College-Educated
86%
High-School Grad
17.7 sq mi
ZIP Area
1,116
Density / Sq Mi
$38,687
Median Household Income
$30,246
Median Earnings
$856
Median Rent
$112,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic downtown property combines furnished short-term accommodations, storefront space, and lower-level storage.
Where is this mixed-use property located?
The property is located at 437 N Magnolia St Laurel, MS.
What are key features of this property?
This property features: Three‑level mixed‑use building with 6 rental unit opportunities; Four furnished upper‑level units, each with a full kitchen and bathroom; Upper‑level accommodations range from 2 to 5 guests per unit
(601) 466-7925 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message