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Bill Atkins

billatkins2020@gmail.com +1(601) 287-2248

$299,000

Est. payment - /mo

3,540 SqFt

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $84

MLS Listing ID 4157222

Year Built 1990

Annual Tax Amount $7,438

Lot Size 1.420 Acres

Acres 1.42

Property Sub-Type Office

Source MLS United

Property Description

Exceptional multi-tenant commercial investment property offering immediate income with long-term stability. Situated on highly visible Brookhaven Street, this 3,540± square foot commercial building features four total units, including three fully leased commercial suites on the ground level and a 475± square foot upper-level space complete with a bathroom that offers excellent potential for a studio apartment, private office, or additional rental space (subject to local approvals). The lower level consists of: Suite A: 932± SF Suite B: 1,283± SF Suite C: 851± SF All three commercial suites are 100% occupied by established long-term tenants who provide reliable rental income. Tenants pay their own electricity, gas, water, and trash service and are responsible for routine repairs, helping minimize owner expenses. Major capital improvements have already been completed, including a roof approximately 7 years old and HVAC systems replaced approximately 2, 2, and 5 years ago, with all downstairs units still under warranty. The property offers ample off-street parking, excellent accessibility, and outstanding visibility along one of Brookhaven's busiest commercial corridors. Daily traffic counts exceed 3,300 vehicles per day on Brookhaven Street, while the nearby intersection sees more than 24,000 vehicles daily, providing exceptional exposure for tenants and future businesses. Whether you're expanding your investment portfolio or seeking a well-maintained, income-producing commercial property with upside potential, this fully leased asset is a rare opportunity in a prime Brookhaven location. Rent roll, utilities, and additional expenses information is available by request. Seller is related to Agent.

Location

State MS

County Lincoln

Direction Head west on Brookway Blvd 0.3 mi Make a U-turn at Depot Rd 1.0 mi Turn left onto Brookhaven St Destination will be on the left 0.2 mi 395 Brookhaven St Brookhaven, MS 39601

Interior

Heating Central

Cooling Central Air

Exterior

Utilities Available Cable Available, Cable Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Water Available, Water Connected

Roof Type Architectural Shingles

Building

Lot Description City Lot, Cleared, Irregular Lot, Landscaped, Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID B77-13-2-028

Virtual Tour https://www.propertypanorama.com/396-Brookhaven-Street-Brookhaven-MS-39601/unbranded

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Listed by Southern Oaks RE Properties LLC

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Victoria Prowant

+1(601) 750-7151

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396 Brookhaven Street Brookhaven, MS 39601