Bar and Rental Units Property

2061 Pass Road Biloxi, MS 39531

Claim this Listing
For Sale
$599,900

COMMERCIAL - Biloxi, MS

Type:Retail
Property size:
3,392 SF
Lot size:
0.53 Acres
Price / SF:
$176/SF
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

Listing office Coldwell Banker Alfonso Realty-Lorraine Rd 9153 Lorraine Rd, Gulfport, MS

Listing date Jan 13, 2026

MLS# 4135999

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 for-sale property combines a longstanding bar operation with four rental units located in the rear of the building. The bar has been operating for more than 40 years, and all furniture, fixtures, and equipment remain with the sale. The property includes a leased ATM, jukebox, and cigarette machine, and features four pool tables. Tri-City pool league play occurs on Wednesdays.

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
3,392 SF · lease $15.96/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$540.6K
$473.0K – $630.7K (±1% cap)
NOI $37,841 @ 7.0% cap · market cap 6.31%
Second Best
Multifamily LT 5
$305.0K
$266.9K – $355.8K (±1% cap)
NOI $21,348 @ 7.0% cap · market cap 3.56%
Theoretical Best
Healthcare Medical
$546.5K
$478.2K – $637.5K (±1% cap)
NOI $38,252 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Pub Lounge Bar & Pub

Suggested Use

Building Supply Big Box & Wholesale Store Real Estate Agency Dental Office Auto Parts Store HVAC Service Gym & Fitness Center Parking Lot & Garage Auto Repair Shop Law Firm

Zoning and permitted uses should be independently verified with local authorities.

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

FAQs

What type of property is this?
Bar & Pub - Profitable bar includes leased entertainment equipment and rear rental units with three currently occupied apartments.
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 $599,900.
What are key features of this property?
This property features: 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
Contact an agent
More about this property
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