281 Oak Street,Biloxi, MS 39530
Biloxi, MS 39530
Description
Prime Commercial Investment Opportunity on Oak Street - High Visibility, Income-Producing Property Located at the intersection of Oak Street and Division Street-just steps from Hwy 90 and directly across from LeBakery-this well-maintained commercial building offers excellent exposure and consistent income potential. The property features 5 units, each approximately 1,250 square feet. Currently, 4 units are occupied, with three units (A, B, C) combined into one functional space and leased with a lease that ends 12/2027. Unit D is currently rented month to month as lease has ended. Working on the new lease @ $650.00 per month for this unit. Unit E is vacant. Each unit comes with 1 bathroom each. The building boasts a metal roof, recently updated A/C systems, and ample frontage in a high-traffic area. With a current monthly income of $3,300, this property is a solid addition to any investment portfolio. Ideal for retail, office, or service-based businesses, and surrounded by established commercial neighbors. Please note: the adjacent gas station is not included in this sale. Don't miss this chance to own a versatile and income-generating property in a sought-after location!
Details
| MLS # | 4118801 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 2003 |
| Days On Site | 436 |
| Listing Provided By | HL Raymond Properties, LLC | Sherry Moxley Nelson |
Features
| SQ Feet | 7,344 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.47 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
Exterior
| Roof | Metal |
|---|---|
| Foundation Details | Slab |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Concrete |
Utilities
| Utilities | Electricity Connected, Water Connected |
|---|
Taxes
| Property | 425 |
|---|
Area Information
| State | MS |
|---|---|
| County | Harrison |
| City | Biloxi |
| Zip Code | 39530 |
| Area | Harrison |
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Learn More About This Property
| State | MS |
|---|---|
| County | Harrison |
| City | Biloxi |
| Zip Code | 39530 |
| Area | Harrison |