Downtown Restaurant
1223 Government St, Ocean Springs, MS 39564
For Lease
Contact for pricing
Restaurant building available in shell condition, previously operated as Phoenicia Gourmet, with potential to divide into two units.
Space Size4,400 SF
Days on Market132
Property Features for 1223 Government St
General Information
Standard status
Size
Property subtype
Spaces For Lease
at 1223 Government St
1223 Government
AVAILABLE
Floor
1
Size
4,400 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Rare opportunity to join the explosion of business in the heart of Downtown Ocean Springs!! This property was formally occupied by the well-known Phoenicia Gourmet restaurant which had been operating here for decades. It will be delivered in shell condition to new tenants to finish out to their exact specs! The building could be divided into 2 units. Property has its own dedicated parking on 2 sides and surrounded by the tremendous growth of this area. Here's your opportunity to be a part of that surge. Property can be purchased as well.
Contact us
Listing Agency:
T.L. Brown Properties
(601) 980-1170
Listed By:
Brandon Brown, CCIM · License #B-18800
(601) 955-3737
Source:
Moodyscre
Added: Jun 29
Changed: Oct 26
Last Checked: Nov 6 at 12:04PM
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 T.L. Brown Properties
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Investment Insights
Based on property information with market context.
This restaurant building is offered for lease in shell condition, ready for new tenants to complete to their own specifications. The property was previously occupied by the well-known Phoenicia Gourmet restaurant, and the building could be divided into two units.
The property includes dedicated parking on two sides. It is situated on Government St in Downtown Ocean Springs, positioned within an active commercial area.
With the flexibility to support a single operation or two separate units, the space is suitable for a range of restaurant concepts that require tenant-built improvements.
The property includes dedicated parking on two sides. It is situated on Government St in Downtown Ocean Springs, positioned within an active commercial area.
With the flexibility to support a single operation or two separate units, the space is suitable for a range of restaurant concepts that require tenant-built improvements.
Key Highlights
- Restaurant building previously operated as Phoenicia Gourmet for decades
- Offered in shell condition for new tenants to finish out to their exact specs
- Building can be divided into 2 units
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,038
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39564, MS
42,539
Population
18,908
Households
2.2
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
798
Density / Sq Mi
$77,300
Median Household Income
$43,754
Median Earnings
$1,314
Median Rent
$220,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Broome's Inc — 1801 Government St, Ocean Springs, MS 39564
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building available in shell condition, previously operated as Phoenicia Gourmet, with potential to divide into two units.
Where is this conventional restaurant located?
The property is located at 1223 Government St Ocean Springs, MS.
What are key features of this property?
This property features: Restaurant building previously operated as Phoenicia Gourmet for decades; Offered in shell condition for new tenants to finish out to their exact specs; Building can be divided into 2 units
