2061 Pass Road Biloxi, MS 39531
COMMERCIAL - Biloxi, MS
- Added:
- Jan 13, 2026
- Days on Market:
- 180
- Last Refresh:
- Jul 12 at 5:06 am
Property Features for 2061 Pass Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 1210f-03-020.001
- Size
- 3,392 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COM NE COR LEWIS ST & S LN PASS RD S 232 FT E 110 FT N 232 FT W 110 FT TO BEG BEAUVOIR TRUCK FARM
- Tax Annual Amount
- 4782
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
Listing agent Carolyn B Handler License #S48634 (228) 424-7965
Listing office Coldwell Banker Alfonso Realty-Lorraine Rd 9153 Lorraine Rd, Gulfport, MS (228) 287-1000
Listing date Jan 13, 2026
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.
In addition to the bar, there are four rental units: three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Three units are currently occupied, and the fourth unit is being totally remodeled. The 2-bedroom/1-bath unit has recently completed a total remodel.
Located just across the street from Neighborhood Walmart, the property benefits from high traffic count visibility. Financials are available for serious buyers upon request, and appointments are required to view the premises.
Key Highlights
- Profitable bar operating for 40+ years; all furniture, fixtures, and equipment remain
- Bar includes 4 pool tables and supports Tri‑City pool league play on Wednesdays
- ATM, jukebox, and cigarette machine are leased
Local Financial Insights For Specialty 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 | $54.1k | $15.96 |
| − Vacancy | −$3.7k | −$1.09 |
| EGI | $50.5k | $14.87 |
| − OpEx | −$12.6k | −$3.72 |
| NOI | $37.8k | $11.16 |
Alternative Uses
Property Analytics
Current Use by Public Records
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