Income Producing Opportunity- Downtown Biloxi
Retail-Commercial
for Sale
Catylist Listing ID: |
30877073 |
Property Subtypes: |
Retail-Pad, Street Retail, Other
|
Building Size (RSF): |
7,620 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.17 SF
|
Sale Price: |
$745,000 |
Unit Price: |
$97.77 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Net Leased Investment (NNN) |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
8/30/2024 |
Overview / Comments
Southeast Commercial is thrilled to present a prime investment opportunity in downtown Biloxi! This exceptional property features four retail stores, offering a substantial 8% cap rate, making it an ideal choice for investors seeking lucrative returns. Spanning 5,360 square feet, this versatile property is perfectly situated just minutes on foot from the exciting new vacation destination, The Bella, as well as popular attractions like the MGM Park and Biloxi's renowned casinos. Whether you're looking to expand your investment portfolio or establish a new business in a bustling, high-traffic area, this property delivers unmatched potential. Don’t miss your chance to capitalize on this rare find in one of Biloxi’s most sought-after locations. Act quickly—properties like this don’t last long!
|
Additional Details
Nearest MSA: |
Gulfport-Biloxi |
County: |
Harrison |
Tax ID/APN: |
1410K-03-152.000 |
Zoning: |
DOWNTOWN |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,581 |
21,489 |
57,402 |
Median Age: |
37.21 |
34.51 |
35.69 |
Households: |
1,909 |
7,815 |
22,617 |
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|