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Highway 49 Retail Investment Opportunity
For Sale
$960,000

11487 Highway 49, Gulfport, MS 39503

Former restaurant on high-traffic Highway 49, value-add potential.

Property SizeContact for details
Lot Size1.30 Acres
Days on Market160

Property Features for 11487 Highway 49

General Information

Standard status Active
Lot size 1.30 Acres
Property subtype Retail

Building Details

Year Built 1985
Listing Agency: Coldwell Banker Commercial Alfonso Realty, Inc.
Listed By: Anne Warren · License #S57972
Source: Cbcworldwide
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 1:26PM

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 Commercial Alfonso Realty, Inc.

Investment Insights

Based on property information with market context.

This former restaurant property, situated on 1.3 acres along Highway 49 in Gulfport, Mississippi, presents an investment opportunity. The site benefits from frontage on a high-traffic road, offering exposure suitable for redevelopment, repositioning, or owner-user occupancy. The property is located near financial institutions, medical facilities, shopping centers, and established local businesses, positioning it within a commercial corridor.

Key Highlights

  • Prime investment opportunity on high‑traffic Highway 49.
  • Excellent frontage and outstanding exposure.
  • High daily traffic counts.

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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Former restaurant on high-traffic Highway 49, value-add potential.
Where is this retail space 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: Prime investment opportunity on high‑traffic Highway 49.; Excellent frontage and outstanding exposure.; High daily traffic counts.
More about this property
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