5274 Highway 42 Drive, Hattiesburg, MS 39401

$45,000
Property Type: Commercial Sale Square Footage: 20,038 Lot Size (sq. ft.): 16,553 Status: Closed
Current Price: $45,000 List Date: 5/02/2025 Last Modified: 4/23/2026

Overview

Description

The property is a former restaurant that was originally built as a Ward's fast-food restaurant. The building contains +/-1,479 square feet (GBA), it was constructed in about 1987. The exterior is painted brick veneer with an asphalt shingle flat roof. The interior features a dining room with seating for approximately 80, a drive-thru, kitchen, small managers office, two restrooms and a walk-in cooler and freezer. There is paved parking around the perimeter of the building with approximately 30 parking spots. Property qualifies for the City of Hattiesburg Redevelopment Program- a 50% reimbursement of the incremental increase in sales taxes generated by a business occupying the property. All information, specifically square footage(s) and lot/acreage size(s), contained in this listing should be verified by buyer(s) or Agent of buyer(s).

Listing Details MLS# 4112089

General Property Information

Approx Lot Size Acres
0.38
Approx H/C SqFt
20038
SqFt Source
Public Records
List Price/SqFt
2.99
Year Built Known
Yes
Year Built
1987
Year Built Source
Public Records
Total Floors
Yes
Accessibility Features
No
Property Sub Type
Business
New Construction
No

Address and Location Information

Street Number
5274
Street Name
Highway 42
Street Suffix
Drive
County
Forrest
State
MS
Zip Code
39401
Parcel Number
2-029d-04-036.00
Community Of
N/A

Listing Information

Property Sub Type
Business
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
3009
Tax Year
2024
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Legal Description
COM AT THE INTERSECTION OF THE CENTER LINE OF GREEN CREEK WITH THE SOUTH MARGIN LINE OF RAWLS SPRINGS RD N 64DG W 278 FT S 26DG W210 FT TO POB S 47 DG E 46.67FT S 27DG W 181.03FT TO THE ELY ROW OF HWY 49 BYPAS N 55DG W 91FT N 27DG E 181.03 S 64DG E 45.30 FT BACK TO POB CONTAINS 0.38 AC. M/L 8/94 717/35

Status Change Info

Contract Date/Pending Date
2026-04-08
Closing Date
2026-04-22
Sold Price/SqFt
2.25

Auction

Auction
No

More Information

Showing Requirements

Showing
Show Any Time
Lockbox Location
Other

Basement Features

Basement
No

Remarks & Miscellaneous

Public Remarks
The property is a former restaurant that was originally built as a Ward's fast-food restaurant. The building contains +/-1,479 square feet (GBA), it was constructed in about 1987. The exterior is painted brick veneer with an asphalt shingle flat roof. The interior features a dining room with seating for approximately 80, a drive-thru, kitchen, small managers office, two restrooms and a walk-in cooler and freezer. There is paved parking around the perimeter of the building with approximately 30 parking spots. Property qualifies for the City of Hattiesburg Redevelopment Program- a 50% reimbursement of the incremental increase in sales taxes generated by a business occupying the property. All information, specifically square footage(s) and lot/acreage size(s), contained in this listing should be verified by buyer(s) or Agent of buyer(s).
Listing Office: Jay McKnight Properties, LLC.
Listing Agent: Jay R McKnight
Source MLS Verified
Last Updated: April - 23 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.