Available For Sale - Office , Retail

22,000 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
22,000 SF
Price/SF
Show Pricing $
Listing ID
SA456434
Notes




This is your chance at owning a part of Mississippi Main Street history. Built in 1920, 409 W Oak Street was Sears Roebuck in Laurel's heyday. After years of abandonment, the 4 story, 22,000 sq ft building underwent a $5 million renovation circa 2008. It was the first multi-purpose building in the area, housing a cafe, office space, and residential apartments. It was one of the pioneer revitalization projects in Downtown Laurel that paved the way to the city's once again thriving business district. The 1st floor of the building houses Lee's Coffee & Tea, a full restaurant and coffee shop frequented by many locals and tourists alike, and a gift shop. The restaurant expands to the 2nd floor for additional dining on the mezzanine, one of the most impressive features of the property. Lee's also occupies one of the office spaces on 2nd. The 2nd floor also houses 4 additional offices and communal seating areas on the landing. The 3rd floor houses 3 gorgeous 1-bedroom apartments with a public sitting area and hallway. The 4th floor houses one 2-bedroom apartment, 3 double suite offices and 3 single offices, a communal kitchen, spacious meeting room, and waiting room. The building is complete with an elevator with coded access to certain floors for maximum tenant privacy. Building is wired with Fiber Internet offering tenants more than your competitors. Don't miss out on this incredible investment opportunity! 2021 Income/Expense Report and 2017 Appraisal available upon request.
Uses
Office
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Lauren Bynum, KW ELITE Keller Williams Realty