Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Baths

$899,999

531 Central Ave., Laurel MS, 39440

Property typeCommercial

Overview

Active

Listed Aug 9, 2026

Updated 5 days ago

Positioned in the heart of historic Downtown Laurel, amid the excitement surrounding HGTV's Home Town, this approximately 6,600-square-foot mixed-use property offers an exceptional investment opportunity at its newly reduced price of $899,999. Featuring an attractive **9.1% projected stabilized cap rate**, the property combines multiple commercial tenants, two established short-term rentals, and additional lease-up potential to create diversified income streams and room for future growth. With existing cash flow, established rental operations, and a prime location in one of South Mississippi's most recognizable downtown destinations, this property offers investors the opportunity to capitalize on both current income and future upside. Whether you're expanding your investment portfolio or looking for a mixed-use property with multiple revenue streams, this is an opportunity worth exploring. Contact today for detailed financial information and discover the investment potential of Downtown Laurel.

Additional information

MLS® ID
148270

Interior Features

Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$6,420
Tax Frequency
Annually
Municipality
8N

Courtesy of Epique Realty, Natalie Graham

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor AM Equity Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2026 MS - Hattiesburg Area Association of REALTORS. All rights reserved.

Powered by Luxury Presence