For Sale
1 / 8
Property summary
This exceptional Hattiesburg, Mississippi restaurant and retail space presents a lucrative investment opportunity. Located at 5173 W 4th St, in Lamar County, this 7,955 square foot property sits on a 0.81-acre lot and boasts a prime location. Built in 1999, the two-story building is currently 100% occupied and features a fully equipped kitchen, ready for immediate operation. The asking price of $1,600,000 includes all furniture, fixtures, and equipment, a significant advantage for a seamless transition. This turnkey operation also includes three commercial fermenters, adding further value to the sale. The spacious layout encompasses two floors of dining space, complemented by a heated and cooled outdoor patio, perfect for expanding seating capacity and creating a welcoming atmosphere. The property's classification as both restaurant and retail allows for diverse operational strategies. Noteworthy is Lamar County's recent shift to a "wet" county status following a public vote, opening up additional revenue streams. This is a bank foreclosure/ORE opportunity, presenting a unique chance to acquire a thriving establishment in a growing market. The price per square foot is $201.13. This property is a single-tenancy building.
Property profile
VerifiedCap rate & NOI
Current use
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Advocacy Group Social Service Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Hattiesburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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