145 Main St Forest, MS 39074

Property Details for 145 Main St

Year built

1950

Lot size

0.14 lot acres

Property size

12,096 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 145 W Main Street in Forest, Mississippi, presents a rare opportunity for investors seeking a stable, income-generating asset. The 12,096 square foot building sits on a 0.14-acre lot and is currently occupied by two established tenants. This provides immediate cash flow and minimizes vacancy risk. One tenant has enjoyed a long-term presence, exceeding 15 years, and recently signed a new 5-year lease with four years remaining. The second tenant is on a month-to-month agreement, offering flexibility for future planning. The property's prime location on West Main Street ensures high visibility and accessibility, attracting significant foot traffic and potential for future growth. The building's size and layout are well-suited for a variety of commercial uses, making it an adaptable investment for long-term success. The asking price of $85,000 represents a compelling value for a property with such established tenancy and a strong location. This is an ideal opportunity for investors seeking a low-risk, high-return investment in a thriving Mississippi community. The property's current occupancy and lease agreements provide immediate income, minimizing the typical challenges associated with vacant commercial space. This turnkey investment is ready for a new owner to step in and begin profiting from its established success. Serious inquiries are encouraged to explore this exceptional opportunity further.