1002 Pine St Hattiesburg, MS 39401
This exceptional Hattiesburg, Mississippi property at 1002 W Pine St presents a unique investment opportunity. The offering encompasses two buildings situated on a substantial 1.68-acre lot, providing ample space for expansion or additional parking. The main building boasts 3,796 square feet of retail space, with a net rentable area of 2,935 square feet, currently configured to accommodate a daycare/nursery, restaurant, and bar. The asking price is $425,000, translating to a price per square foot of $144.80. Adding to the property's versatility is a detached three-car garage featuring an approximately 900 square foot apartment above. Furthermore, the property includes a roughly 800 square foot finished attic and a 400 square foot basement, offering significant additional space. The property's historic charm is evident in its architectural details, and its location next to a new overpass connecting to West Pine Street promises increased visibility and accessibility. With three on-site parking spaces and the potential for expansion, this property is ideally suited for a variety of uses and represents a compelling investment in a thriving Mississippi market. The property is located in Forrest County, Mississippi, zip code 39401.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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