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$280,000 USD
14 N 3rd St.
Bay Springs, Mississippi 39422
USA
Bay Springs, Mississippi 39422
USA
6 full baths
Commercial for Sale, Other Commercial Property
Land size:
Sale price per sqm: 0
Tax: 4,477 USD
Remarks:
Excellent Investment Opportunity - 10% CAP Rate with Significant Upside Potential! Outstanding opportunity to acquire an income-producing property currently operating as a United States Post Office. The U.S. Postal Service has approximately 10 years remaining on its current lease, with an option to renew, providing an established long-term tenant and attractive income stream. Even more compelling, the property is currently generating an approximately 10% CAP rate while only about 50% of the building is leased. The remaining space offers significant upside potential through additional leasing or could provide an excellent opportunity for an owner/user needing additional commercial space. With a long-term USPS lease already in place, a strong current return, and approximately half of the building still available to generate additional income, this property offers an attractive combination of current cash flow, long-term tenancy, and future growth potential.
Features:
- Year Built: 0
- Number of Levels: 2
- Building age: Over 50 years old
- Construction: Brick
- Utilities: City Water, City sewer
- Lot Description: Corner Lot
Location:
14 N 3rd St., Bay Springs, Mississippi 39422, USA
Listed By CENTURY 21 Alliance
The Commercial for Sale, Other Commercial Property located at 14 N 3rd St., Bay Springs, Mississippi 39422, USA is currently for sale. 14 N 3rd St., Bay Springs, Mississippi 39422, USA is listed for $280,000 USD. This property has 6 full baths. If the property located at 14 N 3rd St., Bay Springs, Mississippi 39422, USA isn't what you're looking for, search Mississippi Real Estate to see other Commercial For Sale in Bay Springs.
