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Restaurant Space in Historic Building
For Lease
$5,000/Mo

1423 25th Ave, Gulfport, MS 39501

Built in 1942 along 25th Avenue in downtown Gulfport, this property offers an established setting for restaurant operations.

Space SizeContact for details
Days on Market17

Property Features for 1423 25th Ave

General Information

Standard status Active

Additional Details

Space Use Cafe
TI Allowance $300,000 /TOTAL

Building Details

Year Built 1942
Listing Agency: Berkshire Hathaway Home Servs., Panoramic Properties
Listed By: Jacqueline L Ready · License #B22734
Source: Fiorellaavenue
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 29 at 11:11PM

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 Berkshire Hathaway Home Servs., Panoramic Properties

Investment Insights

Based on property information with market context.

This conventional restaurant property occupies a building constructed in 1942 at 1423 25th Ave in Gulfport. The site was formerly occupied by Palace Cafe and is positioned along 25th Avenue in Historic Downtown Gulfport, providing a recognizable setting for restaurant use.

The property is near the Port of Gulfport, Marine Research Center, Roger Wicker Ocean Enterprise Facility, Mississippi Aquarium, Jones Park, Island View Casino, and Centennial Plaza. Its downtown setting places the space among restaurants, hotels, residences, and blue economy employment activity described in the surrounding area.

Key Highlights

  • Conventional restaurant property at 1423 25th Ave, Gulfport, MS 39501
  • Building constructed in 1942
  • Former Palace Cafe location

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Dental Office Furniture & Home Goods Storage Facility (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.

Lease Details

NNN (Triple Net)
Lease Type
$4.17 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 90% Shops & Services 10%
McDonald's Dining
23,852 visits/mo 0.2 miles
SONIC Drive In Dining
9,181 visits/mo 0.2 miles
Cadence Bank Shops & Services
2,728 visits/mo 0.3 miles
Firestone Complete Auto Care Shops & Services
987 visits/mo 0.0 miles

Demographics for 39501, MS

22,599
Population
10,565
Households
2.1
Avg Household Size
35
Median Age
13%
College-Educated
78%
High-School Grad
14.4 sq mi
ZIP Area
1,569
Density / Sq Mi
$33,491
Median Household Income
$28,522
Median Earnings
$962
Median Rent
$115,300
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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Similar Off Market Nearby

  • The Buffet 3300 W Beach Blvd, Gulfport, MS 39501

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Built in 1942 along 25th Avenue in downtown Gulfport, this property offers an established setting for restaurant operations.
Where is this conventional restaurant located?
The property is located at 1423 25th Ave Gulfport, MS.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Conventional restaurant property at 1423 25th Ave, Gulfport, MS 39501; Building constructed in 1942; Former Palace Cafe location
More about this property
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