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6 Baths

$280,000

14 N 3rd St., Bay Springs MS, 39422

Property typeCommercial

Overview

Active

Listed Sep 2, 2026

Updated Sep 3

Excellent Investment Opportunity - 10% CAP Rate with Significant Upside Potential! Outstanding opportunity to acquire an income-producing property currently operating as a United States Post Office. The U.S. Postal Service has approximately 10 years remaining on its current lease, with an option to renew, providing an established long-term tenant and attractive income stream. Even more compelling, the property is currently generating an approximately 10% CAP rate while only about 50% of the building is leased. The remaining space offers significant upside potential through additional leasing or could provide an excellent opportunity for an owner/user needing additional commercial space. With a long-term USPS lease already in place, a strong current return, and approximately half of the building still available to generate additional income, this property offers an attractive combination of current cash flow, long-term tenancy, and future growth potential.

Additional information

MLS® ID
148601

Interior Features

Bathrooms
6
Basement
No

Other Property Details

Taxes
$4,478
Tax Frequency
Annually
Municipality
2N

Courtesy of Century 21 Alliance, JEFF PALMER

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haley Ensminger shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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