5173 W 4Th St, Hattiesburg, MS 39402
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.