Property profile

1411 Ms-15 Laurel, MS 39443

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This unique commercial property, situated on Highway 15 just east of Ellisville and south of Laurel, Mississippi, presents a remarkable investment opportunity. Currently operating as The Corner Post Diner and Antique Shop, this established business boasts a strong foundation for continued success. Originally a gas station, the building underwent a complete transformation in 2021, receiving extensive renovations. These upgrades include a new metal roof, ensuring long-term durability and protection. Two brand new air conditioning units guarantee year-round climate control, while new plumbing and a complete electrical re-wiring provide modern infrastructure. The interior was completely redesigned, creating a spacious and inviting atmosphere ideal for a variety of commercial uses. The fully equipped kitchen features top-of-the-line equipment, ready for immediate operation. The property offers endless potential for entrepreneurs seeking to establish a new business or for investors looking to expand their portfolio with a well-established, profitable venture. The asking price is $290,000. This is a rare opportunity to acquire a turnkey commercial property with significant upside potential in a desirable location. The property is located at 1411 MS-15, Laurel, MS.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1411 Ms-15 Laurel, MS 39443
Laurel metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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