Former Restaurant
For Sale
$960,000
11487 Highway 49, Gulfport, MS 39503
Commercial Sale, Gulfport, MS
Property Size8,647 SF
Lot Size1.30 Acres
Price / SF$111.02
Days on Market195
Property Features for 11487 Highway 49
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B4
Standard status
Active
APN
0808l-04-007.000
Size
8,647 SF
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1.3 AC COM AT INTER OF W MAR OF HWY 49 & N LINE OF SEC 9 S 6 DG E 451.4 FT TO POB S 7 DG E 35 FT W 35 FT N 1 DG E 18 FT N 88 DG W 115.2 FT S 1 DG W 160.5 FT N 87 DG W 308.2 FT N 161.1 FT E 457.9 FT TO POB PART OF NW 1/4 OF NW 1/4 OF SEC 9-7-11
Tax Annual Amount
8020
Legal Description
1.3 AC COM AT INTER OF W MAR OF HWY 49 & N LINE OF SEC 9 S 6 DG E 451.4 FT TO POB S 7 DG E 35 FT W 35 FT N 1 DG E 18 FT N 88 DG W 115.2 FT S 1 DG W 160.5 FT N 87 DG W 308.2 FT N 161.1 FT E 457.9 FT TO POB PART OF NW 1/4 OF NW 1/4 OF SEC 9-7-11
Building Details
Year built
1985
Listing Agency:
Coldwell Banker Alfonso Realty-Lorraine Rd · Coldwell Banker Real Estate
(228) 287-1000
Listed By:
Anne S Warren · License #S57972
(228) 326-2627
Added: Feb 11
Changed: Aug 19
Last Checked: Aug 25 at 3:06AM
MLS# 4138891
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 former restaurant property includes an 8,647-square-foot building on approximately 1.3 acres. Constructed in 1985, the asset offers an established commercial structure along Highway 49 in Gulfport.
The property is situated near financial institutions, medical facilities, shopping centers, and other established local businesses. Its Highway 49 setting places the building within a commercial corridor surrounded by varied business activity.
The property is situated near financial institutions, medical facilities, shopping centers, and other established local businesses. Its Highway 49 setting places the building within a commercial corridor surrounded by varied business activity.
Key Highlights
- Former restaurant property with an 8647‑square‑foot building
- Approximately 1.3 acres of commercial land
- Located along Highway 49 in Gulfport
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
254k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Groceries 24%
Shops & Services 8%
Apparel 7%
Walmart Neighborhood Market
Groceries
61,377 visits/mo
0.3 miles
Whataburger
Dining
28,125 visits/mo
0.2 miles
McDonald's
Dining
26,831 visits/mo
0.2 miles
SONIC Drive In
Dining
18,129 visits/mo
0.2 miles
Wendy's
Dining
17,005 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The existing commercial building sits along Highway 49 in Gulfport.
Where is this conventional 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: Former restaurant property with an 8647‑square‑foot building; Approximately 1.3 acres of commercial land; Located along Highway 49 in Gulfport
