Downtown Office
1904 24th Avenue Gulfport, MS 39501
1904 24th Avenue, Gulfport, MS, 39501
$299,999
For Sale
$299,999
COMMERCIAL - Gulfport, MS
Property Size1,886 SF
Lot Size0.10 Acres
Price / SF$159.07
Days on Market128
Property Features for 1904 24th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 0811f-05-013.002
- Size
- 1,886 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W 85 FT OF LOTS 15 & 16 BLK 108 ORIGINAL GULFPORT
- Tax Annual Amount
- 1489
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1903
- Floors in Building
- 1
- Flooring type
- Tile, Carpet
Listing Agency
Sawyer Real Estate, Inc. Of Ms.
(228) 863-0232
1801 24th Avenue, Gulfport, MS
Listed by
Sandi E Sawyer-Dulaney · License #S22082
(228) 861-4689
Added: Mar 12 Checked: Jul 17 at 2:06 am
MLS# 4142158
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 downtown office building offers a professional interior layout with multiple private offices, a welcoming reception area, a functional kitchen/break area, and abundant dedicated storage throughout the property.
Located in central Gulfport just steps from the Harrison County Courthouse, the building provides convenient street parking directly in front, with additional parking located at the rear.
The property consists of a single office building well suited for a range of professional services, supported by the combination of reception, private office rooms, and on-site storage.
Located in central Gulfport just steps from the Harrison County Courthouse, the building provides convenient street parking directly in front, with additional parking located at the rear.
The property consists of a single office building well suited for a range of professional services, supported by the combination of reception, private office rooms, and on-site storage.
Key Highlights
- 1903‑built downtown Gulfport professional office space
- Multiple private offices plus reception area and kitchen/break area
- Abundant dedicated storage throughout the building
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.4k | $12.96 |
| − Vacancy | −$4.4k | −$2.33 |
| EGI | $20.0k | $10.63 |
| − OpEx | −$5.0k | −$2.66 |
| NOI | $15.0k | $7.97 |
1,886 SF · lease $12.96/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$214.7K
$187.9K – $250.5K
NOI $15,032 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$303.8K
$265.9K – $354.5K
NOI $21,268 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Office of Jim ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Professional office building with multiple private offices, reception area, kitchen-break area, and dedicated storage.
Where is this office building located?
The property is located at 1904 24th Avenue Gulfport, MS.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 1903‑built downtown Gulfport professional office space; Multiple private offices plus reception area and kitchen/break area; Abundant dedicated storage throughout the building
