Storefront Retail Space with Open
For Sale
$389,000
3717 Hospital St, Pascagoula, MS 39581
For-sale retail storefront with an open floor plan and visibility near Hwy 90.
Property Size2,400 SF
Price / SF$162.08
Days on Market358
Property Features for 3717 Hospital St
General Information
Standard status
Active
Size
2,400 SF
Listing Agency:
Coastal Realty Group
(228) 424-1040
Listed By:
Trinity R Walker · License #S56126
(228) 424-1040
Source:
Exprealty
Added: Aug 7, 2025
Changed: Jul 10
Last Checked: Jul 29 at 8:32PM
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 Coastal Realty Group
Investment Insights
Based on property information with market context.
This for-sale storefront retail space is sized at approximately 2,400 square feet and features an open floor plan. The layout is well-suited for a retail showroom, a service-oriented concept, or a restaurant-style buildout, depending on how you configure the interior. The property has previously been used as a boot shop and service business.
The building is located at 3717 Hospital St in Pascagoula, MS. According to the seller, there will never be development on the property to the north of the site (railroad), which is intended to help preserve ongoing sign visibility from Hwy 90.
For tenants, buyers, and operators looking for flexible retail space, the open layout can support multiple merchandising or service configurations without relying on a heavily compartmentalized plan. If your business needs a prominent storefront presence and an adaptable interior, this space is a practical option to review in person.
The building is located at 3717 Hospital St in Pascagoula, MS. According to the seller, there will never be development on the property to the north of the site (railroad), which is intended to help preserve ongoing sign visibility from Hwy 90.
For tenants, buyers, and operators looking for flexible retail space, the open layout can support multiple merchandising or service configurations without relying on a heavily compartmentalized plan. If your business needs a prominent storefront presence and an adaptable interior, this space is a practical option to review in person.
Key Highlights
- 2,000 SF commercial storefront with an open floor plan previously used as a boot shop and service business
- Flexible layout suitable for uses such as a restaurant or retail site
- North side of the property (railroad) indicates there will never be development there
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 | $40.9k | $17.04 |
| − Vacancy | −$82 | −$0.03 |
| EGI | $40.8k | $17.01 |
| − OpEx | −$12.2k | −$5.10 |
| NOI | $28.6k | $11.90 |
2,400 SF · lease $17.04/SF/yr · vacancy 0.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$408.1K
$357.1K – $476.2K
NOI $28,570 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.7K
$573.7K – $764.9K
NOI $45,896 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,031
Businesses Nearby
99k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 14%
Hotels & Casinos 4%
Apparel 3%
McDonald's
Dining
20,198 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
12,946 visits/mo
0.5 miles
Shell
Shops & Services
9,605 visits/mo
0.5 miles
Krystal
Dining
8,147 visits/mo
0.2 miles
Burger King
Dining
7,521 visits/mo
0.3 miles
Demographics for 39581, MS
11,512
Population
5,411
Households
2.1
Avg Household Size
35
Median Age
18%
College-Educated
86%
High-School Grad
14.0 sq mi
ZIP Area
822
Density / Sq Mi
$37,571
Median Household Income
$26,774
Median Earnings
$892
Median Rent
$125,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For-sale retail storefront with an open floor plan and visibility near Hwy 90.
Where is this storefront property located?
The property is located at 3717 Hospital St Pascagoula, MS.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,000 SF commercial storefront with an open floor plan previously used as a boot shop and service business; Flexible layout suitable for uses such as a restaurant or retail site; North side of the property (railroad) indicates there will never be development there
