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Income Producing Opportunity- Downtown Biloxi 871 Howard Ave

7,620 SF Retail Building Biloxi, MS 39530 $745,000 ($98/SF) 8% Cap Rate

Mixed Use Properties Mississippi Biloxi 871 Howard Ave, Biloxi, MS 39530

Executive Summary

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

871 Howard Ave

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,620 SF
Building Class
C
Year Built
1940
Price
$745,000
Price Per SF
$98
Cap Rate
8%
NOI
$59,600
Tenancy
Single
Building Height
1 Story
Building FAR
1.03
Lot Size
0.17 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
DT (Downtown)
Frontage
80 FT on Howard
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Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Waffle House
Cadence Bank
Hancock Whitney Bank
Ruth's Chris Steak House
Sugar Factory
Food Giant

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1410L-01-005.000
  • 1410K-03-152.000
 Improvements Assessment $0
Land Assessment $0 Total Assessment $44,290

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1410L-01-005.000
  • 1410K-03-152.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$44,290
(228) 547-1953

Contacts

  • Listing ID: 33014122

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 871 Howard Ave, Biloxi, MS 39530

More public record information on 871 Howard Ave, Biloxi, MS 39530

The Retail Property at 871 Howard Ave, Biloxi, MS 39530 is currently available for sale. Contact Southeast Commercial Real Estate for more information.

Nearby Listings

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Income Producing Opportunity- Downtown Biloxi | 871 Howard Ave
(228) 547-1953 x

Income Producing Opportunity- Downtown Biloxi | 871 Howard Ave

1/2

Monte Luffey

(228) 547-1953

(228) 547-1953

Tim Carlson

(228) 547-0707

(228) 547-0707

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