631 7Th Ave Laurel, MS 39440
- Retail properties
- 1,414 SF
- 0.10 lot acres
Current Use by Public Records
- Retail properties
Property Details for 631 7Th Ave
- Lot size
- 0.10 lot acres
- Property size
- 1,414 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity in Laurel, Mississippi, presents a rare chance to acquire a dual-income retail property at 631 S 7th Ave. The property encompasses two buildings totaling 1,414 square feet situated on a 0.1-acre lot. Currently, one building houses a laundromat, included in the sale, and the other is occupied by a tenant. This provides immediate and consistent cash flow. The asking price is $70,000, translating to a land value of $52 per square foot. The property's strategic location offers significant potential for growth and future development. A vacant lot directly across the street provides additional parking or the possibility of expansion, adding further value to this already attractive investment. This property is ideal for investors seeking a stable, income-generating asset with significant upside potential in a thriving Mississippi market. The property's dual-income stream minimizes risk and maximizes return on investment. Don't miss this chance to secure a valuable piece of Laurel's commercial real estate landscape. The property is zoned for retail use and is ready for immediate occupancy. Contact us today to schedule a showing and explore the possibilities.
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
- Laurel
- County
- Jones
- State
- Mississippi
- Longitude
- -89.1342
- Latitude
- 31.6823
