Cash-flowing commercial investment in Woolmarket! This fully leased, multi-tenant property generates $6,600 in monthly rental revenue from three established tenants: a convenience store, full-service Mexican restaurant, and barber shop. Situated on approximately 0.78 acres, the ±5,600-square-foot building occupies a corner location on Lorraine Road. The building features a metal… Read More roof, along with interior and operational improvements. Beyond its existing rental income, the property offers potential for future redevelopment or additional uses. The site includes two 8,000-gallon underground fuel tanks that have recently passed environmental testing, offering potential for future gas station operations, subject to applicable permits and approvals. With three rental streams and a location in an area experiencing residential and commercial development, 12874 Lorraine Road offers investors existing income and long-term potential. Read Less
Courtesy of Jo J Wedgeworth, Prosper Realty 228-223-7315.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Business
Square Ft.
5,600
Lot Size
0.78 Acres
Year Built
1950
MLS Number
4166156
Additional Details
Building
Built in 1950, Levels: One, Construction Materials: Brick
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: MLS United
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