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Historic Short-Term Rental Property
For Sale
$784,000

1705 Government St, Ocean Springs, MS 39564

Downtown property with C-H zoning and existing short-term rental use near shops, restaurants, and nightlife.

Property Size1,620 SF
Price / SF$483.95
Days on Market33

Property Features for 1705 Government St

General Information

Standard status Active
Size 1,620 SF

Building Details

Year Built 1910
Listing Agency: Real Broker, LLC.
Listed By: Justin W McPhail · License #S61211
Source: Fiorellaavenue
Added: Jul 28 Changed: Aug 29 Last Checked: Aug 29 at 10:50AM

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 Real Broker, LLC.

Investment Insights

Based on property information with market context.

Built in 1910, this historic property occupies a 0.10-acre site in downtown Ocean Springs and is currently operated as a short-term rental. The property carries C-H Regional Commercial District / Downtown Overlay District zoning, which permits restaurant use with a bar feature by right, including liquor service, along with other commercial, office, retail, and residential development patterns. Buyers should independently confirm zoning and permitted uses.

The site is positioned on Government Street in a walkable area surrounded by shops, restaurants, and nightlife. Public water, sewer, and electric are reported available, subject to buyer verification. Flood-zone information and all other property details should be independently confirmed. Showings are available by appointment.

Key Highlights

  • Historic structure dating to 1910
  • 0.10‑acre downtown Ocean Springs site
  • C‑H Regional Commercial District / Downtown Overlay District zoning

Property Analytics

Current Use

Balance Financial Financial Advisor Live Oak Cottages Vacation Rental Surf Song Realty Real Estate Agency

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service Grocery & Convenience Store Furniture & Home Goods Auto Parts 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

1,156
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Downtown property with C-H zoning and existing short-term rental use near shops, restaurants, and nightlife.
Where is this short term rental property located?
The property is located at 1705 Government St Ocean Springs, MS.
What is the asking price?
The asking price for this property is $784,000.
What are key features of this property?
This property features: Historic structure dating to 1910; 0.10‑acre downtown Ocean Springs site; C‑H Regional Commercial District / Downtown Overlay District zoning
More about this property
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