Profitable Bar with Rental
For Sale
$799,900
2061 Pass Road, Biloxi, MS 39531
Long-established bar with rental income potential in Biloxi, MS.
Property SizeContact for details
Lot Size0.53 Acres
Days on Market167
Property Features for 2061 Pass Road
General Information
Standard status
Active
Lot size
0.53 Acres
Property subtype
Retail
Building Details
Year Built
1955
Listing Agency:
Coldwell Banker Alfonso Realty,Inc.
(228) 287-1000
Listed By:
Carolyn Handler · License #S48634
(228) 287-1000
Source:
Cbcworldwide
Added: Mar 5
Changed: Jul 6
Last Checked: Apr 9 at 9:00PM
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 Alfonso Realty,Inc.
Investment Insights
Based on property information with market context.
This established bar, operational for over 40 years, is available for sale. The sale includes all furniture, fixtures, and equipment. Additional income is generated from four rental units located behind the bar, consisting of three one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Three of the rental units are currently occupied, and one two-bedroom, one-bathroom unit has been recently remodeled. The property is situated on 0.53 acres with high traffic count, across the street from a Neighborhood Walmart. The bar features four pool tables and hosts the Tri-City pool league on Wednesdays. Additional amenities include a leased ATM, jukebox, and cigarette machine. The seller is motivated and will consider owner financing with 20% down.
Key Highlights
- Profitable bar business established for over 40 years with existing clientele
- Four rental units (3 x 1br/1ba, 1 x 2br/1ba) provide additional income stream
- Prime location with high traffic count across from Neighborhood Walmart
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39531, MS
19,965
Population
9,660
Households
2.1
Avg Household Size
36
Median Age
34%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
3,025
Density / Sq Mi
$54,599
Median Household Income
$37,293
Median Earnings
$1,066
Median Rent
$193,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Similar Off Market Nearby
- Tobacco & Beer Discount House — 2328 Pass Rd, Biloxi, MS 39531
- Hookah Up Cafe — 271 Beauvoir Rd, Biloxi, MS 39531
- blu — 9th floor of Treasure Bay Casino, 1980 Beach Blvd, Biloxi, MS 39531
- Gail's Pub — 234b Veterans Ave, Biloxi, MS 39531
- Brandon's Grill & Bar — 1842 Beach Blvd Ste. B, Biloxi, MS 39531
Frequently Asked Questions
What type of property is this?
Bar & Pub - Long-established bar with rental income potential in Biloxi, MS.
Where is this bar & pub located?
The property is located at 2061 Pass Road Biloxi, MS.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Profitable bar business established for over 40 years with existing clientele; Four rental units (3 x 1br/1ba, 1 x 2br/1ba) provide additional income stream; Prime location with high traffic count across from Neighborhood Walmart
