Downtown Restaurant Space for
For Lease
$5,000/Mo
1423 25th Avenue, Gulfport, MS 39501
COMMERCIAL - Gulfport, MS
Property Size2,157 SF
Lot Size0.07 Acres
Days on Market881
Property Features for 1423 25th Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Subdivision
Metes And Bounds
Standard status
Active
APN
0811k-04-002.000
Size
2,157 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
DR: 1558/0305 10/10/2001-WD -THE PALACE RESTURANT- LOT 2 BLK 161 ORIGINAL GULFPORT GULFPORT CITY OF BLKS 109-161
Tax Annual Amount
2092
Legal Description
DR: 1558/0305 10/10/2001-WD -THE PALACE RESTURANT- LOT 2 BLK 161 ORIGINAL GULFPORT GULFPORT CITY OF BLKS 109-161
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1942
Floors in Building
1
Listing Agency:
Berkshire Hathaway Home Servs., Panoramic Properties · Prudential Real Estate
(228) 280-8351
Listed By:
Jacqueline L Ready · License #B22734
(601) 447-1954
Added: Mar 1, 2024
Changed: Jul 24
Last Checked: Jul 30 at 2:06PM
MLS# 4072299
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 restaurant space at the former Palace Cafe is offered for lease on the main artery of Historic Downtown Gulfport. The property provides a central, street-accessible location with visibility aimed at downtown foot traffic and nearby activity.
The listing highlights access and visibility to the Port of Gulfport, the Marine Research Center, and the Roger Wicker Ocean Enterprise Facility. Surrounding demand drivers cited in the remarks include Mississippi Aquarium, Jones Park, Island View Casino, and Centennial Plaza. The space is positioned on the “ground floor” of ongoing downtown development, aligning it with the area’s current mix of restaurants, hotels, and downtown residences.
The listing highlights access and visibility to the Port of Gulfport, the Marine Research Center, and the Roger Wicker Ocean Enterprise Facility. Surrounding demand drivers cited in the remarks include Mississippi Aquarium, Jones Park, Island View Casino, and Centennial Plaza. The space is positioned on the “ground floor” of ongoing downtown development, aligning it with the area’s current mix of restaurants, hotels, and downtown residences.
Key Highlights
- Prime location in Historic Downtown Gulfport
- Up to $300K available for buildout
- High visibility and central access to daily professionals
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.17 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
106k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 25%
Electronics 1%
Circle K
Shops & Services
27,965 visits/mo
0.2 miles
Dodge's Southern Style
Shops & Services
27,226 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
12,943 visits/mo
0.5 miles
Burger King
Dining
10,345 visits/mo
0.5 miles
Shell
Shops & Services
9,062 visits/mo
0.5 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
Questions? Ask Rey
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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 - Restaurant space at the former Palace Cafe location in downtown Gulfport with direct main-artery visibility.
Where is this conventional restaurant located?
The property is located at 1423 25th Avenue Gulfport, MS.
What is the lease rate?
The lease rate is $5,000 /Mo.
What are key features of this property?
This property features: Prime location in Historic Downtown Gulfport; Up to $300K available for buildout; High visibility and central access to daily professionals
