Search
Five-Unit Retail Building
For Sale
$419,000

281 Oak Street, Biloxi, MS 39530

Corner commercial property with updated A/C systems, a metal roof, and established occupancy across multiple suites.

Property Size7,344 SF
Price / SF$67.04
Days on Market89

Property Features for 281 Oak Street

General Information

Standard status Active
Size 7,344 SF
Property subtype Commercial
Occupancy 80%

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Additional Details

Gross Income $39,600
Office Units 5

Amenities

metal roof
updated A/C systems

Building Details

Building Size 7,344 SF
Year Built 2003
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: HL Raymond Properties, LLC
Listed By: Sherry Moxley Nelson · License #S57947
Source: Jdanielrealtysells
Added: Jun 2 Changed: Aug 28 Last Checked: Aug 28 at 7:02AM

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 HL Raymond Properties, LLC

Investment Insights

Based on property information with market context.

This 2003 retail building contains 5 units of approximately 1,250 square feet each, with one bathroom per unit. Units A, B, and C are currently configured together as a larger operating space under a lease running through 12/2027. Unit D is occupied on a month-to-month basis, while Unit E is vacant. The property has a metal roof and recently updated A/C systems.

The building occupies the intersection of Oak Street and Division Street, near Hwy 90 and across from LeBakery. Its position provides frontage along a high-traffic commercial corridor and places it among established neighboring businesses. The property is offered without the adjacent gas station.

Key Highlights

  • 5‑unit retail building with approximately 1,250 square feet per unit
  • 4 units occupied; Unit E is vacant
  • Units A, B, and C are combined into one space with a lease ending 12/2027

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Hair Salon Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
80%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 39530, MS

8,392
Population
4,533
Households
1.9
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
1,865
Density / Sq Mi
$39,755
Median Household Income
$26,222
Median Earnings
$821
Median Rent
$149,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Corner commercial property with updated A/C systems, a metal roof, and established occupancy across multiple suites.
Where is this retail space located?
The property is located at 281 Oak Street Biloxi, MS.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: 5‑unit retail building with approximately 1,250 square feet per unit; 4 units occupied; Unit E is vacant; Units A, B, and C are combined into one space with a lease ending 12/2027
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message