Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    126 Main Street Bay Saint Louis, MS 39520

    View on Map
    Claim this Listing
    New
    For Sale
    $1,800,000

    COMMERCIAL - Bay Saint Louis, MS

    Property size:
    5,975 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $301/SF
    Added:
    Apr 29, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 30 at 5:06 am

    Property Features for 126 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    149l-0-29-052.000
    Size
    5,975 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    11B 2ND WARD BAY ST LOUIS
    Tax Annual Amount
    10102

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1953
    Floors in Building
    1

    We can help!

    Listing Contact
    Whitney M Young

    Listing agent Whitney M Young License #S55499

    Listing office Coastal Realty Group 9230 Old Lorraine Rd., Ste C, Gulfport, MS

    Listing date Apr 29, 2026

    MLS# 4147715

    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.

    Overview

    Downtown Bay St. Louis Investment

    Located on Main Street in downtown Bay St. Louis, this commercial property offers an investment opportunity. The property includes over 2,000 square feet of renovated restaurant space, equipped and ready for immediate use. Additionally, there are more than 4,000 square feet of adaptable space, suitable for retail leasing, restaurant expansion, or mixed-use redevelopment, offering multiple revenue streams. Situated within the golf cart district, the property benefits from foot traffic and accessibility. It is within walking distance of shops, entertainment, and waterfront attractions, with proximity to the harbor and the beach. Its location along the Mississippi Gulf Coast attracts traffic from surrounding areas. The property, with a total size of 5,975 square feet and a lot size of 0.17 acres, is suited for redevelopment, expansion, or multi-tenant use. It is ideal for investors, restaurateurs, or developers looking to capitalize on a coastal downtown location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maggie May's (Bike/Boat/Book/etc) Store Murky Waters BBQ ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Dragonfly In The Bay — 131 Main St, Bay St Louis, MS 39520

    Location Insight

    • Map
    • Local Demand
    City
    Bay Saint Louis
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.326692
    Latitude
    30.310386

    Nearby Similar for Sale

    • $2,350,000
      4,413 SF

      Bay St. Louis Commercial Property

      Three-story commercial property in Old Town Bay St. Louis.
      113 S Beach Boulevard, Bay Saint Louis, MS 39520
      View Details
    • $850,000
      10,154 SF

      Commercial Building on US Hwy 90

      10,154 sq ft commercial building on 0.74 acres.
      306 U.S. 90, Bay Saint Louis, MS 39520
      View Details
    • $774,500
      2,094 SF

      Mixed-Use Property in Old Town

      Well-appointed commercial property in the heart of Old Town.
      136 Main Street, Bay Saint Louis, MS 39520
      View Details
    • $278,000
      2,916 SF

      Bay Saint Louis Duplex

      Income-producing duplex with a great rental history in Bay St. Louis.
      4044 Camellia Street lot: A & B, Bay Saint Louis, MS 39520
      View Details
    • $1,995,000
      5,132 SF

      Historic A & G Theater

      Landmark theater in historic Bay St. Louis.
      150 N Beach Boulevard, Bay Saint Louis, MS 39520
      View Details
    • $525,000
      1,728 SF

      Bay St. Louis Duplex Investment

      Two-story duplex near downtown, ideal for rental or owner-occupancy.
      113/115 Bay View Court, Bay Saint Louis, MS 39520
      View Details
    • $935,000
      9,332 SF

      Bay St. Louis Retail/Office Building

      10,000 SF building near Ochsner Medical Center.
      843 Highway 90, Bay Saint Louis, MS
      View Details
    • $4,900

      Bay Saint Louis Land

      Charming property near beaches, dining, and entertainment in Bay St. Louis.
      7065 George Street, Bay Saint Louis, MS 39520
      View Details
    • $30,000

      Land with Trailer in Bay

      0.24 acre lot with trailer included, sold AS IS.
      7132 Walthall Street, Bay Saint Louis, MS 39520
      View Details
    • $10,000

      Land in Bay Saint Louis

      Land available in Bay Saint Louis, Mississippi.
      Gulf Avenue, Bay Saint Louis, MS 39520
      View Details
    • $390,000

      Highway 90 Mixed-Use Property

      Mixed-use property on Highway 90, close to Bay Bridge.
      401 Highway 90, Bay Saint Louis, MS 39520
      View Details
    • $7,500

      Land in Bay Saint Louis

      Land near fishing and crabbing in Bay Saint Louis.
      Lafrance Road, Bay Saint Louis, MS 39520
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime commercial asset in thriving downtown district.
    Where is this restaurant located?
    The property is located at 126 Main Street Bay Saint Louis, MS.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Prime location on Main Street in the thriving downtown district of Bay St. Louis.; Over 2,000 square feet of **fully renovated, turnkey restaurant space, fully equipped and ready for immediate use.**; Over 4,000 square feet of adaptable space offering multiple revenue streams through retail leasing, restaurant expansion, or mixed‑use redevelopment.
    (228) 669-0423
    We can help!
    Listing Contact
    Whitney M Young
    Real Estate License ID: S55499
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!