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OFF-MARKET
Retail properties & Spaces

5138 Main St Lucedale, MS 39452

10,477 SF 0.3 ac lot Built 1960
Property ID
Property summary
AI-generated overview

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
Verified
Property type Retail properties & Spaces
Year built 1960
Total area 10,477 SF
Lot 0.3 ac (13,068 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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