Bar & Pub with Commercial
For Sale
$600,000
393 Tegarden Rd, Gulfport, MS 39507
Entertainment areas, a full bar, and a separate building with commercial kitchen are included.
Property Size5,039 SF
Price / SF$119.07
Days on Market95
Property Features for 393 Tegarden Rd
General Information
Standard status
Active
Size
5,039 SF
Total Parking Spaces
60
Additional Details
Furnished
Yes
Seating Capacity
125
Amenities
pool tables
TV lounge
dance floor
DJ booth
conversation lounge
full-sized bar
Building Details
Year Built
1962
Buildings
2
Listing Agency:
eAgent Gulf Coast
Listed By:
Bill R Lawler · License #S49734
(228) 861-4414
Source:
Fiorellaavenue
Added: Jul 13
Changed: Sep 15
Last Checked: Oct 7 at 3:52PM
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 eAgent Gulf Coast
Investment Insights
Based on property information with market context.
This bar and pub property includes a main venue arranged for up to 125 guests, with a full-sized bar, dance floor, DJ booth, and conversation lounge. The pool room adds two pool tables and a TV lounge. Paid parking is available for 60 vehicles.
The main building contains an expansive kitchen currently used for storage. A separate auxiliary building provides two restrooms and a commercial kitchen, creating a distinct secondary space within the property. Furnishings convey with the sale, excluding select art pieces and Coca-Cola equipment located at the bar.
The main building contains an expansive kitchen currently used for storage. A separate auxiliary building provides two restrooms and a commercial kitchen, creating a distinct secondary space within the property. Furnishings convey with the sale, excluding select art pieces and Coca-Cola equipment located at the bar.
Key Highlights
- Main venue accommodates 125 guests
- Paid parking for 60 vehicles
- Full‑sized bar, dance floor, DJ booth, and conversation lounge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,174
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,480
$503.5K
Cap Rate 7%
$359,629
$359.6K
Cap Rate 9%
$279,711
$279.7K
Market Conditions
NOI Build-Up for 5,039 SF
Gross rent
$39.3K $7.80/SF
− Vacancy
−$3.3K −$0.66/SF
EGI
$36.0K $7.14/SF
− OpEx
−$10.8K −$2.14/SF
NOI
$25.2K $5.00/SF
Area
Harrison County, MS
Vacancy
8.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,480
Cap Rate 7%
$359,629
Cap Rate 9%
$279,711
Alternative Uses
Best Use
Specialty Retail
$803.1K
$702.7K – $936.9K
NOI $56,215 @ 7.0% cap · market cap 9.37%
Second Best
Industrial
$359.6K
$314.7K – $419.6K
NOI $25,174 @ 7.0% cap · market cap 4.20%
Theoretical Best
Healthcare Medical
$811.8K
$710.3K – $947.1K
NOI $56,825 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
33k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
McDonald's
Dining
14,879 visits/mo
0.5 miles
SONIC Drive In
Dining
11,235 visits/mo
0.4 miles
Wells Fargo
Shops & Services
6,253 visits/mo
0.5 miles
Storage Rentals of America
Shops & Services
629 visits/mo
0.1 miles
Demographics for 39507, MS
17,724
Population
9,032
Households
2
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
8.2 sq mi
ZIP Area
2,161
Density / Sq Mi
$49,459
Median Household Income
$37,660
Median Earnings
$1,121
Median Rent
$220,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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- Porpoise Cove — 820 Township Rd, Gulfport, MS 39507
Frequently Asked Questions
What type of property is this?
Bar & Pub - Entertainment areas, a full bar, and a separate building with commercial kitchen are included.
Where is this bar & pub located?
The property is located at 393 Tegarden Rd Gulfport, MS.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Main venue accommodates 125 guests; Paid parking for 60 vehicles; Full‑sized bar, dance floor, DJ booth, and conversation lounge
