14 N 3rd St., Bay Springs, MS
Others for Sale - $280,000
Agent Info
| Jeff Palmer |
Property Info
| CIMLS# | 1196071 |
| Location 14 N 3rd St. Bay Springs MS 39422 | |
| Updated | September 19th, 2026 |
| Type | Others |
| Price | $280,000 |
Property Description
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.



