907 Memorial Blvd Picayune, MS 39466-4635

Property Details for 907 Memorial Blvd

Year built

1987

Lot size

0.23 lot acres

Property size

3,850 SF

Property type

Super regional malls

APN

6176140040403800

APU

6176140040403800

Description

This exceptional investment property, located at 907 Memorial Boulevard in Picayune, Mississippi, offers a rare opportunity to acquire a well-maintained, two-unit commercial building. Boasting a total of 3,850 square feet on a 0.23-acre lot, this property benefits from a highly desirable location directly on Memorial Boulevard, ensuring excellent visibility and accessibility. The building currently houses one long-term tenant (approximately 26 years) occupying half of the structure. This tenant's space includes two offices and a half-bathroom. The other half of the building presents a significant opportunity for additional income generation through leasing or redevelopment. Recent improvements significantly enhance the property's value and reduce future maintenance concerns. The roof was completely replaced in February 2024, ensuring long-term protection. Furthermore, both HVAC systems in each unit have been replaced within the last three to five years, providing efficient and reliable climate control. This property is priced at $525,000 and represents a strong investment opportunity with significant potential for return. The combination of a prime location, existing tenancy, and recent upgrades makes this a truly compelling proposition for discerning investors seeking a stable and profitable addition to their portfolio. The property's size and layout offer flexibility for a variety of commercial uses.

Location Insight

City

Picayune

County

Pearl River

State

Mississippi

Longitude

-89.6705

Latitude

30.5181

CBSA code

38100

CBSA name

PICAYUNE, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments