Bar and Rental Units
2061 Pass Road Biloxi, MS 39531
For Sale
$599,900
COMMERCIAL - Biloxi, MS
Property Size3,392 SF
Lot Size0.53 Acres
Price / SF$176.86
Days on Market196
Property Features for 2061 Pass Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
APN
1210f-03-020.001
Size
3,392 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM NE COR LEWIS ST & S LN PASS RD S 232 FT E 110 FT N 232 FT W 110 FT TO BEG BEAUVOIR TRUCK FARM
Tax Annual Amount
4782
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd
(228) 287-1000
Listed By:
Carolyn B Handler · License #S48634
(228) 424-7965
Added: Jan 13
Changed: Jul 24
Last Checked: Jul 28 at 5:06AM
MLS# 4135999
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 property combines a longstanding bar operation with four rental units located in the rear of the building. The bar has been operating for more than 40 years, and all furniture, fixtures, and equipment remain with the sale. The property includes a leased ATM, jukebox, and cigarette machine, and features four pool tables. Tri-City pool league play occurs on Wednesdays.
In addition to the bar, there are four rental units: three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Three units are currently occupied, and the fourth unit is being totally remodeled. The 2-bedroom/1-bath unit has recently completed a total remodel.
Located just across the street from Neighborhood Walmart, the property benefits from high traffic count visibility. Financials are available for serious buyers upon request, and appointments are required to view the premises.
In addition to the bar, there are four rental units: three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Three units are currently occupied, and the fourth unit is being totally remodeled. The 2-bedroom/1-bath unit has recently completed a total remodel.
Located just across the street from Neighborhood Walmart, the property benefits from high traffic count visibility. Financials are available for serious buyers upon request, and appointments are required to view the premises.
Key Highlights
- Profitable bar operating for 40+ years; all furniture, fixtures, and equipment remain
- Bar includes 4 pool tables and supports Tri‑City pool league play on Wednesdays
- ATM, jukebox, and cigarette machine are leased
Financial Insights For Specialty Retail
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 | $54.1k | $15.96 |
| − Vacancy | −$3.7k | −$1.09 |
| EGI | $50.5k | $14.87 |
| − OpEx | −$12.6k | −$3.72 |
| NOI | $37.8k | $11.16 |
3,392 SF · lease $15.96/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$540.6K
$473.0K – $630.7K
NOI $37,841 @ 7.0% cap · market cap 6.31%
Second Best
Multifamily LT 5
$305.0K
$266.9K – $355.8K
NOI $21,348 @ 7.0% cap · market cap 3.56%
Theoretical Best
Healthcare Medical
$546.5K
$478.2K – $637.5K
NOI $38,252 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Tobacco & Beer Discount House — 2328 Pass Rd, Biloxi, MS 39531
- Hookah Up Cafe — 271 Beauvoir Rd, Biloxi, MS 39531
- blu — 9th floor of Treasure Bay Casino, 1980 Beach Blvd, Biloxi, MS 39531
- Gail's Pub — 234b Veterans Ave, Biloxi, MS 39531
- Brandon's Grill & Bar — 1842 Beach Blvd Ste. B, Biloxi, MS 39531
Frequently Asked Questions
What type of property is this?
Bar & Pub - Profitable bar includes leased entertainment equipment and rear rental units with three currently occupied apartments.
Where is this bar & pub located?
The property is located at 2061 Pass Road Biloxi, MS.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Profitable bar operating for 40+ years; all furniture, fixtures, and equipment remain; Bar includes 4 pool tables and supports Tri‑City pool league play on Wednesdays; ATM, jukebox, and cigarette machine are leased
