Commercial Buildings and Land

Retail-Commercial for Sale
Distressed
Catylist Listing ID: 29999564
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 18,868 SF
Gross Land Area: 2.27 Acres
Sale Price: $299,000
Unit Price: $15.85 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Laurel Yamaha
Sale Terms: Other
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 10/9/2017

Overview / Comments

Perfect set up for a small engine shop. This property was previously Laurel Yamaha. A total of 5 buildings sitting on 2.27 acres of land on the corner of South 16th Avenue and Ellisville Blvd. in Laurel, MS. There is an attached laundromat. The building is included in the sale, but the business is owned by the tenant. Tenant leases the building for $300 per month. Hot water pressure washer included. Two 12' roll-up doors.

Additional Details

Nearest MSA: Laurel
County: Jones
Retail Clientele: General, Family, Business, Traveler, Recreation, Convention, Other
Property Located Between: Just down from the South Mississippi Fair Grounds and the Magnolia Center
Property Visibility: Good
Largest Nearby Street: 16th Avenue and Ellisville Blvd/Hwy 11
Highway Access: About 1/2 mile to I-59
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Property Condition: Good
Construction/Siding: Steel Frame
Parking Type: Surface
Heat Type: Electricity, Natural Gas
Interior Description: Retail space as well as parts area and service areas
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 12-8-12 A PARCEL OF LAND IN THE SE OF SE / GEN DES 12-8-12

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,876 17,947 29,919
Median Age: 34.62 33.59 35.41
Households: 1,252 6,332 11,150

Contact

Photograph of Listing Agent

Lee Boyette

Woodland Realty, Inc.
Laurel, MS
LACDB Member
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