Commercial Building

Office for Sale
Catylist Listing ID: 30169748
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 15,448 SF
Sale Price: $245,000
Unit Price: $15.86 PSF
Property Use Type: Investment, Business
Building Name: The Old Laurel Leader Call Building / The Chronicle
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2018

Overview / Comments

Lots of possibilities in the heart of Laurel! Several new businesses in the area. Owner has cleaned and repaired property. Part of the building is currently leased out with lease income of approximately $2000 per month. Owner willing to sale or lease the rest of the building.

Additional Details

Nearest MSA: Laurel
County: Jones
Property Visibility: Excellent
Highway Access: Less than 1 mile to I-59 and Hwy 15
Area Description: Close to Sawmill Square Mall and Downtown Laurel
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1961
Exterior Description: Brick and Block with large windows and columns across the entire front of the building.
Parking Type: Surface
Parking Description: Paved parking
Total Parking Spaces: 26
Heat Type: Electricity
Heat Source: Central
Interior Description: Several offices, reception area and warehouse space.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PLANT ADD BLK 4 BEING A PARCEL OF LAND IN LOT 1. 06-08-11

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,607 19,616 30,759
Median Age: 32.74 34.23 35.38
Households: 2,803 7,159 11,500


Photograph of Listing Agent

Lee Boyette

Woodland Realty, Inc.
Laurel, MS
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