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Highway 49 Restaurant Opportunity
For Sale
$960,000

11487 Highway 49, Gulfport, MS 39503

Former restaurant space for lease on busy Highway 49.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market198

Property Features for 11487 Highway 49

General Information

Standard status Active
Lot size 1.30 Acres

Taxes and HOA fees

Annual Taxes $8,020
Listing Agency: Coldwell Banker Alfonso Realty-Lorraine Rd
Listed By: Anne S Warren · License #S57972
Source: Exprealty
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 8 at 6:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Alfonso Realty-Lorraine Rd

Investment Insights

Based on property information with market context.

This former restaurant space is available for lease on Highway 49 in Gulfport. The property offers potential for business use and benefits from high traffic volume and visibility. It is located in close proximity to financial institutions, medical facilities, shopping centers, and other businesses.

Key Highlights

  • High traffic count on Highway 49.
  • Excellent visibility.
  • Former restaurant space, suitable for restaurant use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Gym & Fitness Center Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby
285k
Monthly Visits Nearby
Balanced
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Miller Miller Catering 15312 Dedeaux Rd, Gulfport, MS 39503

Frequently Asked Questions

What type of property is this?
Restaurant - Former restaurant space for lease on busy Highway 49.
Where is this 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: High traffic count on Highway 49.; Excellent visibility.; Former restaurant space, **suitable for restaurant use.**
More about this property
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