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!

Attachments & Media

Additional Details

Nearest MSA: Gulfport-Biloxi
County: Harrison
Tax ID/APN: 1410K-03-152.000
Zoning: DOWNTOWN

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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

Contact

Photograph of Listing Agent

Tim Carlson

Southeast Commercial of MS, LLC Gulfport, MS 39501
Gulf Coast CMLS Member
Photograph of Listing Agent

Monte Luffey

Southeast Commercial of MS, LLC Gulfport, MS 39501
Gulf Coast CMLS Member
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