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    600 Main Street Blvd Hattiesburg, MS 39401

    For Sale
    $575,000

    Hattiesburg, MS Mixed-Use Investment

    Property size:
    14,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Hattiesburg, MS, property at 600 Main Street presents a unique investment opportunity. The mixed-use building, classified as Class B, boasts a total of 14,204 square feet across two stories, situated on a 0.14-acre lot. The net rentable space is 12,000 square feet, with an asking price of $575,000, translating to $47.92 per square foot. Currently configured as a multi-tenant property, the building's history includes uses such as a jewelry store and a dollar store. An estimated 5,000 square feet is available on the ground floor, based on architectural drawings

    Property Features for 600 Main Street Blvd

    General Information

    Property type
    Government properties
    Square Feet
    14,204 SF
    Class
    B
    Lot Size
    6,098 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Retail‑Commercial space for lease in Hattiesburg, MS.
    • 5,000 - 12,000 square feet available.
    • $2,550 monthly (annual) modified gross lease rate.
    • 6,045 square foot lot.
    • 12,000 square foot net rentable space in a 14,204 square foot, Class B building, asking $575,000 ($47.92/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.2906974
    Latitude
    31.3270594

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    FAQs

    What type of property is this?
    Government property - Hattiesburg, MS Mixed-Use Investment
    Where is this government property located?
    The property is located at 600 Main Street Blvd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Retail-Commercial space for lease in Hattiesburg, MS.; 5,000 - 12,000 square feet available.; $2,550 monthly (annual) modified gross lease rate.
    Request Owner's contact information
    600 Main Street Blvd Hattiesburg, MS 39401
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    Hattiesburg, MS 39401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 Main Street Blvd Hattiesburg, MS 39401
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