**100 Elizabeth Street Picayune, Mississippi** **Multifamily Investment Opportunity** This six-unit multifamily property presents an exceptional investment opportunity in the heart of downtown Picayune. Offering stable in-place cash flow, multiple income streams, and immediate upside potential, this asset is well-positioned for investors seeking long-term income and operational flexibility. Property Highlights * Six-unit multifamily property * Three 2-bedroom, 1-bath apartments * Three 1-bedroom, 1-bath apartments * Prime downtown corner location with dual street frontage * Adjoining parcel included for dedicated tenant parking * Municipal utilities * Located in Flood Zone X * Zoned C-2 Downtown Commercial Income-Producing Features * Established rental property with documented operating history * Diversified income through both traditional apartment rentals and an existing furnished corporate rental * Furnished corporate rental has generated income through Airbnb, VRBO, direct bookings, and corporate stays * Furnishings convey with the sale, allowing the next owner to continue operations immediately without additional capital investment * One vacant unit offers an identifiable opportunity to increase revenue through lease-up rather than speculative redevelopment Investment Advantages The property's downtown location provides convenient access to restaurants, retail, and local businesses, supporting both long-term residential leasing and furnished corporate rental demand. Market conditions indicate low vacancy rates, limited concessions, and strong rental demand, reinforcing the property's stable operating profile. With a balanced unit mix, multiple revenue sources, dedicated off-street parking, and a documented history of income production, this property offers investors a combination of current cash flow and near-term growth potential. Its stabilized operating performance is supported by actual rental income and recurring operating expenses, providing a strong foundation for long-term investment ownership.
Courtesy: Realty One Group Immobilia
Kelly WAGNER
504-495-3842
Versatile commercial property situated on a prominent corner lot in Picayune. Offering approximately 1,413 square feet, the building features three bedrooms or private offices, two bathrooms, a kitchen, laundry room, dining room, living room, and an enclosed sunroom with heating and air conditioning. Previously used as a daycare/nursery facility, the layout offers potential for office, professional, educational, or other permitted commercial uses. This property is in need of TLC and is being sold strictly "As Is," with the seller making no repairs. Bring your vision and transform this space into your next business location or investment opportunity.
9.60+/- Acres of Prime Commercial Development Opportunity! An exceptional opportunity to own approximately 9.60 acres of high-visibility commercial property in one of the fastest-growing areas around. With Interstate 59 less than one minute away and State Highway 11 just moments from the property, this location offers outstanding accessibility and exposure. Surrounded by established businesses and essential services--including a hospital, police department, grocery store, gas stations, restaurants, and other commercial development--this property is perfectly positioned for future growth. Whether you're envisioning: Medical or professional office space Retail or shopping center Restaurants or fast-food franchises Hotel or hospitality Mixed-use development Business park or investment opportunity ...the possibilities are virtually endless. The property consists of five contiguous parcels being sold together for a total of approximately 9.60 acres (per tax records). Survey available for review. If you're looking for a premier commercial site with unbeatable access, visibility, and surrounding amenities, this is one you won't want to miss. Listing agent is related to the seller.
For businesses or individuals contemplating relocation or new ventures, this lot is a prime find. With visibility from interstate 59, Exit 6 and easy access from the service road, its location is highly desirable. Furthermore, its short drive to the Hospital, new Police station, shopping, downtown Picayune enhances its appeal. This lot is a rare find that should not be passed over. Commercial Land Cooper Road facing I-59 Interstate. Measurements are not warrantied. Plat and Survey should be relied on for property boundaries; MLS pictures are not deemed reliable for identification of property and should not be relied on by Buyer.
Great Business Opportunity with High Visibility! This property has been remodeled with many features added. Site work has been completed to improve a portion of the ground to support heavy equipment. There is single phase electrical that converts from single phase to 3-phase, electrical step-up transformer from 230 V to 480 V, completely fenced and circle driveway with 2 each 32 ft. entrances just to mention a few improvements. The building has a new HWH and a/c unit installed 2025, new metal roof installed 11-2024 and City grinder system. There is a kitchenette, 2 each half baths, 3 offices and a storage room.
Courtesy: The Real Estate Company, LLC
Donna Molina
601-590-1246
Incredible opportunity with this 6,755 sq. ft. commercial property on approximately 2.34 acres. Recently expanded to include an additional 1.02-acre parcel, this unique property now spans from Highway 43 South to Ceasar Road, offering dual road frontage, excellent accessibility, and outstanding visibility. Located just 5 minutes south of I-59 in Picayune, Hwy 43 sees over 8,900 vehicles daily, while Ceasar Road adds an estimated 4,700 vehicles per day. The versatile layout is great for an event venue, restaurant, or mixed-use investment, with rear quarters great for Airbnb or guest lodging. The added acreage also creates potential for residential development or additional income opportunities. Now offered at an improved price of $619,900, this rare property delivers size, location, and flexibility with endless possibilities.
High visibility commercial property fronting I59 South exit 4 ramp. Access to property is from S. Loftin Street off of Memorial Blvd.
This is Tract #7. Great location with high visibility. Located just north of Highland Hospital with restaurants and shopping in immediate area.
Andrea D. Conner, License 22561, Xome Inc., License 21183, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Picayune is located in Mississippi. Picayune, Mississippi has a population of 11,777. Picayune is less family-centric than the surrounding county with 16.6% of the households containing married families with children. The county average for households married with children is 27.91%.
The median household income in Picayune, Mississippi is $33,192. The median household income for the surrounding county is $53,855 compared to the national median of $69,021. The median age of people living in Picayune is 39 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 62.6 inches per year, with 0.1 inches of snow per year.
