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2.56± Acres
Pike County, Mississippi

Commercial Income Property for Sale 11.3% CAP

ID: 30637
External ID/MLS: -- / 22749
Status: Available
Price: $1,600,000
Acres: 2.56±
Type: Commercial
Address: 119 W Presley Blvd
City, State: Mccomb, Mississippi
County: Pike
ZIP Code: 39648
Presented By: Patrick Gibson
Taxes: $15,000
Dwelling Sq Ft: 22,115


Great opportunity and ROI in McComb, Mississippi. 86% occupied 4 tenant, 22,115 SF commercial building. Fully rented, it generates $209,400 of gross income and an 11.3% CAP!! Tenants and % of lease space include Quipt Home Medical (55%), Horizon Hospice (25%), Vacant Space (14%) and Summit Financial (6%). Very low turnover. The 2.56 Acre property has excellent frontage and visibility on Presley Blvd/Hwy 98 just west of the intersection of Presley Blvd/Hwy 98 & Hwy 51. The exterior is mainly stucco siding, standing seam metal roof and commercial grade gutters. The interior is mainly sheetrock walls, suspended ceilings and fluorescent lighting. Bathrooms have commercial grade toilets and sinks and most are ADA compliant. Leases available upon request. Located within 500’ of national brands such as Coca Cola, KFC, Church’s Chicken, Subway, CitiTrends, Family Dollar, Dollar General, Sunflower, Advanced Auto Parts, and several convenience stores.

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