Former Restaurant on Highway
For Sale
$960,000
11487 Highway 49, Gulfport, MS 39503
COMMERCIAL - Gulfport, MS
Property Size8,647 SF
Lot Size1.30 Acres
Price / SF$111.02
Days on Market182
Property Features for 11487 Highway 49
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B4
Standard status
Active
APN
0808l-04-007.000
Size
8,647 SF
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1.3 AC COM AT INTER OF W MAR OF HWY 49 & N LINE OF SEC 9 S 6 DG E 451.4 FT TO POB S 7 DG E 35 FT W 35 FT N 1 DG E 18 FT N 88 DG W 115.2 FT S 1 DG W 160.5 FT N 87 DG W 308.2 FT N 161.1 FT E 457.9 FT TO POB PART OF NW 1/4 OF NW 1/4 OF SEC 9-7-11
Tax Annual Amount
8020
Legal Description
1.3 AC COM AT INTER OF W MAR OF HWY 49 & N LINE OF SEC 9 S 6 DG E 451.4 FT TO POB S 7 DG E 35 FT W 35 FT N 1 DG E 18 FT N 88 DG W 115.2 FT S 1 DG W 160.5 FT N 87 DG W 308.2 FT N 161.1 FT E 457.9 FT TO POB PART OF NW 1/4 OF NW 1/4 OF SEC 9-7-11
Building Details
Year built
1985
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
(228) 287-1000
Listed By:
Anne S Warren · License #S57972
(228) 326-2627
Added: Feb 11
Changed: Aug 4
Last Checked: Aug 12 at 8:06PM
MLS# 4138891
Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale former restaurant property is situated on a 1.3-acre site and includes an 8,647 square-foot building. The offering is positioned for investors or an owner-operator looking to adapt an existing restaurant facility, with redevelopment and repositioning considerations noted for the site.
The property is located at 11487 Highway 49 in Gulfport, Harrison County, and benefits from direct highway frontage. The surrounding area is described as a proven commercial corridor with established local businesses, and it is noted to be near financial institutions, medical facilities, and shopping centers.
As presented, the site’s existing restaurant improvements and highway visibility support a range of occupancy and redevelopment approaches, subject to applicable approvals and permitting.
The property is located at 11487 Highway 49 in Gulfport, Harrison County, and benefits from direct highway frontage. The surrounding area is described as a proven commercial corridor with established local businesses, and it is noted to be near financial institutions, medical facilities, and shopping centers.
As presented, the site’s existing restaurant improvements and highway visibility support a range of occupancy and redevelopment approaches, subject to applicable approvals and permitting.
Key Highlights
- Former restaurant property built in 1985
- Located on high‑traffic Highway 49 in Gulfport
- High frontage and strong site exposure along Highway 49
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
285k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Dining 27%
Shops & Services 22%
Electronics 4%
Walmart
Superstores
123,208 visits/mo
0.4 miles
McDonald's
Dining
37,891 visits/mo
0.4 miles
Shell
Shops & Services
28,765 visits/mo
0.5 miles
Murphy USA
Shops & Services
16,307 visits/mo
0.3 miles
Taco Bell
Dining
9,214 visits/mo
0.3 miles
Demographics for 39503, MS
53,643
Population
22,533
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
92%
High-School Grad
114.3 sq mi
ZIP Area
469
Density / Sq Mi
$61,298
Median Household Income
$36,241
Median Earnings
$1,087
Median Rent
$193,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For-sale former restaurant property with highway frontage on Highway 49 in Gulfport, MS.
Where is this conventional restaurant located?
The property is located at 11487 Highway 49 Gulfport, MS.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Former restaurant property built in 1985; Located on high‑traffic Highway 49 in Gulfport; High frontage and strong site exposure along Highway 49
