396 Brookhaven Street, Brookhaven, MS 39601

New Listing
$345,000
Property Type: Commercial Sale Square Footage: 3,540 Lot Size (sq. ft.): 61,855 Status: Active
Current Price: $345,000 List Date: 7/27/2026 Last Modified: 7/27/2026

Overview

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 a ...

Listing Details MLS# 4157222

General Property Information

Approx Lot Size Acres
1.42
Approx H/C SqFt
3540
SqFt Source
Assessor
List Price/SqFt
97.46
Year Built Known
Yes
Year Built
1990
Year Built Source
Assessor
Total Floors
2
Accessibility Features
Yes
Property Sub Type
Office
New Construction
No

Property Features

Business Type: Administrative and Support; Financial; General Business; Mixed; Professional/Office Current Use: Commercial; Investment Lot Features: City Lot; Cleared; Irregular Lot; Landscaped; Level Location: City Street; Interstate 1 Mile or Less; Office Building Expenses Include: Insurance; Maintenance; Trash Removal Cooling: Central Air Heating: Central Utilities: Cable Available; Cable Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Water Available; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Roof: Architectural Shingles Additional Transportation: Interstate 1 Mile or Less Price Includes: Some Furnishings Available Documents: Floor Plan(s); Plot Plan/Survey Disclosures: Seller/Agent Relationship

Address and Location Information

Street Number
396
Street Name
Brookhaven
Street Suffix
Street
County
Lincoln
State
MS
Zip Code
39601
Parcel Number
B77-13-2-028
PPIN
018239
Directions to Property
Head west on Brookway Blvd 0.3 mi Make a U-turn at Depot Rd 1.0 mi Turn left onto Brookhaven St Destination will be on the left 0.2 mi 395 Brookhaven St Brookhaven, MS 39601
Community Of
N/A

Listing Information

Property Sub Type
Office
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
7438
Tax Year
2025
Flood Insurance Required?
No
Leasehold Y/N
No
Legal Description
1.42 A BEING PTLY IN NW1/4 OF NW1/4 SEC 13-7-7 & PTLY IN NE1/4 OF NE1/4 SEC 14-7-7 AS PER DB 553 PG 21 1.42 A LESS .46AC DB 1247 PG 286 6 26 06 B 1268 P 0768 02/28/2007

Commercial Features

Business Included
No
Number of Tenants
3

More Information

Auction

Auction
No

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Suite Details

1st Suite Number
A
1st Suite Size
931
2nd Suite Number
B
2nd Suite Size
1202
3rd Suite Number
C
3rd Suite Size
932
4th Suite Number
Upstairs
4th Suite Size
465

Location

City
Yes
City Street
Yes
Interstate 1 Mile or Less
Yes
Office Building
Yes

Remarks & Miscellaneous

Public Remarks
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.

Current Use

Commercial
Yes
Investment
Yes

Business Type

Administrative and Support
Yes
Financial
Yes
General Business
Yes
Mixed
Yes
Professional/Office
Yes

Lot Features

City Lot
Yes
Cleared
Yes
Irregular Lot
Yes
Landscaped
Yes
Level
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Utilities

Cable Available
Yes
Cable Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Water Available
Yes
Water Connected
Yes

Expenses Include

Insurance
Yes
Maintenance
Yes
Trash Removal
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Roof

Architectural Shingles
Yes

Price Includes

Some Furnishings
Yes

Available Documents

Floor Plan(s)
Yes
Plot Plan/Survey
Yes

Disclosures

Seller/Agent Relationship
Yes

Additional Transportation

Interstate 1 Mile or Less
Yes
Listing Office: Southern Oaks RE Properties LLC
Listing Agent: Trinity Webb
Source MLS Verified
Last Updated: July - 27 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.