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1242 Elks Lake Rd
Hattiesburg, MS 39401
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- No competition within approximately 5 miles.
- Well Established for almost 50 years and fully stocked and operating.
EXECUTIVE SUMMARY
Long standing Well established country store in the heart of Dixie. Fully stocked and operating. Bait, Food and household goods, small restaurant with griddles and ovens 3 Gas tanks 6000 gallons each,with 2 in service, propane refills and much more! Roof only 2 years old! Wonderful business opportunity with a solid customer base year round. Only 2 owners since the beginning. Selling only to retire as the previous family did. This is jewel in the heart of the Dixie Community! This retail property sits on .76 ac of land.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
1,997 SF
Building Class
C
Year Built
1976
Price
$459,900
Price Per SF
$230.30
Cap Rate
21.74%
NOI
$100,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.76 AC
Opportunity Zone
Yes
Zoning
X - general commercial use
ABOUT 1242 ELKS LAKE RD , HATTIESBURG, MS 39401
Long standing Well Established country store operating since 1976 in the heart of Dixie. Fully stocked and ready for purchase. Bait, Food and household goods, small restaurant with griddles and ovens 3 Gas tanks 6000 gallons each,with 2 in service, propane refills and much more! Roof only 2 years old! Wonderful business opportunity with a solid customer base year round. Only 2 owners since the beginning. Selling only to retire as the previous family did. This is jewel in the heart of the Dixie Community!
PROPERTY TAXES
| Parcel Number | 1-062 -27-054.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $11,091 |
PROPERTY TAXES
Parcel Number
1-062 -27-054.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,091
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