281 Oak Street Active Save Request In-Person Tour Request Virtual Tour
Biloxi,MS 39530
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 20,506 sqft
Price per Sqft $21
MLS Listing ID 4118801
Year Built 2003
Annual Tax Amount $425
Lot Size 0.470 Acres
Property Sub-Type Business
Property 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!
Location
State MS
County Harrison
Interior
Heating Central
Cooling Central Air
Flooring Concrete,Vinyl
Exterior
Parking Features Concrete
Utilities Available Electricity Connected,Water Connected
Roof Type Metal
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No