198 Main Street, Biloxi, MS 39530
- Added:
- Oct 8, 2024
- Days on Market:
- 621
- Last Refresh:
- Jun 20 at 9:06 pm
Property Features for 198 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
- Parking
- 25
- Standard status
- Active
- APN
- 1410k-01-040.000
- Size
- 6,384 SF
- Lot size
- 0.81 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- BEG S MAR NEW R/R ST (ESTERS BLVD) AND W LINE FORMER ELDER ST W 75.9 FT TO A CURVE ON E LINE MAIN ST SLY 46 FT S 99 FT E 117 FT TO FORMER ELDER ST N 125 FT TO POB S/B 96
- Tax Annual Amount
- 2967
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic
Listing agent Sherry L Owen License #B8407 (228) 760-2815
Listing office Owen & Co., LLC 2208 18th Street, Ste B, Gulfport, MS (228) 822-9870
Listing date Oct 8, 2024
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.
HighLights
- 3‑parcel corner property at Main St and Esters Blvd (south of RR), totaling approximately 0.81 acres
- Metal flex space building with 6,384 SF total building area and 1,250 SF heated and cooled
- 3 roll‑up doors on the main building
- Detached 22' x 22' metal building with an 18' x 6'6" roll‑up door
- Served by public water and public sewer
- Previously used as an electric auto store for many years
Overview
The site is located at the corner of Main St and Esters Blvd (south of RR), and the configuration supports on-site work and storage needs. The property has been utilized as an electric auto store for many years, and the existing improvements reflect that operational approach.
For tenants, buyers, or operators seeking flexible commercial space, the combination of the main flex building and the detached shop provides separation of activities while retaining convenient roll-up access. While the property has an established automotive use, the layout and multiple service doors may support a range of industrial or light commercial operations that benefit from drive-in capability and durable metal construction.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.6k | $14.04 |
| − Vacancy | −$7.6k | −$1.19 |
| EGI | $82.0k | $12.85 |
| − OpEx | −$24.6k | −$3.85 |
| NOI | $57.4k | $8.99 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- TRIADSCREEDS1968¡ — 358 Reynoir St, Biloxi, MS 39530
Location Insight
- Map
- Local Demand
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.885334
- Latitude
- 30.398664
