396 Brookhaven Street,Brookhaven, MS 39601
Brookhaven, MS 39601
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.
Details
| MLS # | 4157222 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 38 |
| Listing Provided By | Southern Oaks RE Properties LLC | Trinity Webb |
Features
| SQ Feet | 3,540 |
|---|---|
| Acreage | 1.42 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
Exterior
| Roof | Architectural Shingles |
|---|---|
| Foundation Details | Slab |
| Lot Features | City Lot, Cleared, Irregular Lot, Landscaped, Level |
Utilities
| Utilities | Cable Available, Cable Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Water Available, Water Connected |
|---|
Taxes
| Property | 7438 |
|---|
Area Information
| State | MS |
|---|---|
| County | Lincoln |
| City | Brookhaven |
| Zip Code | 39601 |
| Area | Lincoln |
| Listing VS Median (in 39601) | |
Price: $345,000 low | high Med: $249,000 sqft: 3,540 low | high Med: 2,036 $ / sqft: $97 low | high Med: $122 On site: 38 low | high Med: 23 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Lincoln |
| City | Brookhaven |
| Zip Code | 39601 |
| Area | Lincoln |
| Listing VS Median (in 39601) | |
Price: $345,000 low | high Med: $249,000 sqft: 3,540 low | high Med: 2,036 $ / sqft: $97 low | high Med: $122 On site: 38 low | high Med: 23 | |
