435 North Magnolia St $785,000

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    435 North Magnolia St LAUREL, MS 39440

    • 12,615 sq. ft.
    • Commercial
    • MLS# 33559
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    Views: 12 Days On Site: 80

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    Property Details

    Discover the potential of this exceptional commercial space nestled in the heart of Downtown Laurel. Boasting a stunning two-story building, the first floor underwent a complete renovation in 2018, offering over 6200 sq ft of modern and inviting retail space. The upstairs awaits the new owner's vision, providing an excellent opportunity for conversion into office spaces or luxurious apartments. With stable retail businesses on the first floor holding leases and planning to continue, this property offers a solid foundation for immediate income. Immerse yourself in the charm of this space, where modern renovations seamlessly blend with historic allure. The property stands as a testament to Laurel's rich heritage, making it an attractive destination for both locals and visitors.

    • General Features
      • Apx SqFt 12,615
      • Subdivision NA
    • Building Features
      • Construction Brick Veneer
      • Cooling Central Electric
      • Features Other-See Remarks
      • Floors Concrete
      • Heating System Central Electric
      • Roof System Other
      • Utilities Electricity Connected, Natural Gas Connected, Sewer Connected
    • Property Features
      • Access Interstate 1 Mile or Less, City Street, Frontage
      • Lot Size 0.16 acre MOL

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $785,000
    2/9/2024 10:35:00 AM New in Database Source: Multiple Listing Service New Value: $785,000

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Laurel Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.