Property summary
This exceptional mixed-use commercial property in Lucedale, Mississippi, presents a compelling investment opportunity. Located at 5138/5140 Main Street, this 10,477 square foot building sits on a 0.3-acre lot and offers three distinct units. The main building (5138 Main Street), formerly a church, boasts a large main room, kitchen, two restrooms, a dining area, and three versatile rooms. A separate entrance leads to 5138A, currently leased month-to-month, featuring a lobby, office, and a unique antique concrete bank vault. The property also includes 5140 Main Street, a previously leased retail space offering an open and adaptable layout. Recent renovations in 2024 include a new commercial exterior AC unit with a warranty. An added benefit is an adjacent vacant lot (alleyway) with a separate parcel number, providing potential for expansion or additional development. The property is zoned commercial and features a total of three units, making it ideal for a variety of uses. Built in 1960, this property offers a blend of history and modern updates, situated on a highly visible Main Street location in George County, Mississippi, zip code 39452. The asking price is $625,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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