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.
NEW PRICE! Excellent commercial investment opportunity conveniently located between Stringer and Bay Springs! This approximately 3-acre property features a commercial building currently operating as an established restaurant and offers flexibility for an investor or owner-user. The HVAC system and roof were replaced approximately 4 years ago, providing added value and peace of mind for the next owner. The following restaurant equipment will remain with the property: 2 TVs, 1 cooler, oven, range, 2 fryers, heating station, and bar area. Originally a country store and gas station, the property was later converted into a restaurant and offers an established commercial setup with plenty of potential for its next owner. Whether you're looking to operate your own business, expand an existing business, or add a commercial property to your investment portfolio, this property offers a great opportunity in a convenient Jasper County location. Only the real property is being sold; the restaurant business is not included. Don't miss this opportunity--schedule your private showing today!
Excellent location for your business! Highly visible location that passes through Bay Springs. Traffic count is approximately 9800 per day. This location was previously a lending institution. This opportunity is waiting for you to make your move!
This commercial building is located just 2 miles north of Bay Springs in the Industrial Park. Approximately 3 acre lot. The building offers over 27,490 square feet of heated and cooled space with 3 roll up bay doors with loading docks. There is over 2,200 square feet of office space with multiple offices, breakroom and several bathrooms.
Bay Springs is located in Mississippi. Bay Springs, Mississippi has a population of 1,773. Bay Springs is less family-centric than the surrounding county with 19.9% of the households containing married families with children. The county average for households married with children is 23.35%.
The median household income in Bay Springs, Mississippi is $42,738. The median household income for the surrounding county is $39,992 compared to the national median of $69,021. The median age of people living in Bay Springs is 48 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 32.9 degrees. The average rainfall is approximately 57.1 inches per year, with 0.2 inches of snow per year.
