10 Bellegrass Blvd Hattiesburg, MS 39402
- Office buildings
- 4,160 SF
Current Use by Public Records
- NewSong Wealth Management Group / Financial Consultant
Property Details for 10 Bellegrass Blvd
- Year built
- 2011
- Property size
- 4,160 SF
- Property type
- Office buildings
- APN
- 1072-26-016.400
- APU
- 107226016400
Description
This exceptional Class A office building at 10 Bellegrass Blvd., Hattiesburg, MS, presents a unique investment opportunity. The offering includes the entire lower level (over 4000 square feet), the building's shell, and a controlling interest in the four-member condo association. The spacious interior boasts three bathrooms, a large corner conference room, multiple office suites, and a break room. The layout is highly adaptable, allowing for easy division into two, or potentially three, separate suites. Historically, the space has leased at $18 per square foot annually, presenting significant upside potential through rent increases. The building was originally constructed by Walker Thrash for the current owner. This prime location within Hattiesburg's Bellegrass community center provides an impressive address to attract clients and customers. The current owner is open to the possibility of leasing back a portion of the space from the new owner. Showings are strictly by appointment only. The asking price for this exceptional property is $825,000. This is a rare opportunity to acquire a well-maintained, high-potential office building in a desirable location.
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
- Hattiesburg
- County
- Lamar
- State
- Mississippi
- Longitude
- -89.4701
- Latitude
- 31.2855
- CBSA code
- 25620
- CBSA name
- HATTIESBURG, MS METROPOLITAN STATISTICAL AREA
