2889 Lamar Blvd Oxford, MS 38655
- Refrigerated & Cold Storages
- 7,500 SF
Current Use by Public Records
- Refrigerated & Cold Storages
Property Details for 2889 Lamar Blvd
- Year built
- 1970
- Property size
- 7,500 SF
- Property type
- Refrigerated & Cold Storages
- Property subtype
- Specialty properties
Description
This exceptional 7,500 square foot commercial property, located in Oxford, MS's desirable South Lamar Boulevard area, presents a unique investment opportunity. The building, constructed in 1970 and extensively renovated in 2023, boasts a Class C rating and features a versatile layout suitable for various uses, including medical offices, traditional office spaces, and even refrigerated/cold storage. Currently, the property is single-tenant occupied, with approximately 3,000 square feet of readily available space. This section includes a commercial kitchen, adding to its adaptability. The building comprises one structure with two stories, offering ample space for expansion or customization. Situated in Lafayette County, this property benefits from excellent visibility and convenient access to major transportation routes. The asking price is $19 per square foot, plus NNN charges. Two-thirds of the building is already leased, demonstrating strong market demand and potential for immediate return on investment. The remaining 3,000 square feet offers a prime chance to secure a well-located, renovated space in a thriving Mississippi community. This flexible space is perfect for a business seeking a blend of modern amenities and established infrastructure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- Lafayette
- State
- Mississippi
- Longitude
- -89.5192
- Latitude
- 34.3357