Appliance Repair Retail
For Sale
$249,000
308 Santini Street, Biloxi, MS 39530
COMMERCIAL - Biloxi, MS
Property Size1,288 SF
Lot Size0.29 Acres
Price / SF$193.32
Days on Market150
Property Features for 308 Santini Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Head south on I-110 toward US-90/Beach Blvd. Exit onto US-90 East toward Ocean Springs. Continue on US-90 for about 1 mile. Turn left onto Holley St (a small residential street). Continue straight until Holley St curves into Santini St. 308 Santini St will be on your right.
Standard status
Active
APN
1410e-04-018.000
Size
1,288 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM @ NE COR LOT 1 BLK 3 SEAL'S SUBD S 126.5 FT ALONG E MAR LOT 1 BLK 3 SEAL'S SUBD TO A POINT E 137.6 FT TO
Tax Annual Amount
1112
Legal Description
COM @ NE COR LOT 1 BLK 3 SEAL'S SUBD S 126.5 FT ALONG E MAR LOT 1 BLK 3 SEAL'S SUBD TO A POINT E 137.6 FT TO
Building Details
Year built
1930
Listing Agency:
Fidelis Realty, LLC.
(228) 896-4200
Listed By:
Sandra French Rushing · License #B24422
(228) 234-6971
Added: Mar 3
Changed: Jul 24
Last Checked: Jul 31 at 4:06AM
MLS# 4141071
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.
An established appliance repair and parts shop available for sale along with the business. The operation has served the community since 2009 and is being offered with the property sold as-is. The building has been partially remodeled, including a new roof, and the parking lot has been freshly paved, supporting convenient customer access.
The site is positioned in Biloxi with access to major local destinations, including the Beau Rivage and Keesler Air Force Base, as well as the city’s entertainment district and nearby shopping centers. Showings are available by appointment during business hours only.
The property totals 1,288 square feet, and the lot size is 0.29 acres. This offering is for the property and business together, with no additional terms provided in the listing materials.
The site is positioned in Biloxi with access to major local destinations, including the Beau Rivage and Keesler Air Force Base, as well as the city’s entertainment district and nearby shopping centers. Showings are available by appointment during business hours only.
The property totals 1,288 square feet, and the lot size is 0.29 acres. This offering is for the property and business together, with no additional terms provided in the listing materials.
Key Highlights
- Established appliance repair and parts business operating since 2009
- Building partially remodeled with a new roof and freshly paved parking lot
- Profitable business opportunity in Biloxi with showings by appointment during business hours only
Financial Insights For 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 | $18.1k | $14.04 |
| − Vacancy | −$1.5k | −$1.19 |
| EGI | $16.5k | $12.85 |
| − OpEx | −$5.0k | −$3.85 |
| NOI | $11.6k | $8.99 |
1,288 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$165.5K
$144.8K – $193.0K
NOI $11,582 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$207.5K
$181.6K – $242.1K
NOI $14,525 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 39530, MS
8,392
Population
4,533
Households
1.9
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
1,865
Density / Sq Mi
$39,755
Median Household Income
$26,222
Median Earnings
$821
Median Rent
$149,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Established appliance repair and parts shop with a partially remodeled building, new roof, and freshly paved parking lot.
Where is this storefront property located?
The property is located at 308 Santini Street Biloxi, MS.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Established appliance repair and parts business operating since 2009; Building partially remodeled with a new roof and freshly paved parking lot; Profitable business opportunity in Biloxi with showings by appointment during business hours only
