Freestanding Restaurant
4204 15th Street Gulfport, MS 39501
4204 15th Street, Gulfport, MS, 39501
$139,900
For Sale
$139,900
COMMERCIAL - Gulfport, MS
Property Size755 SF
Lot Size0.12 Acres
Price / SF$185.30
Days on Market37
Property Features for 4204 15th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0711g-02-015.001
- Size
- 755 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W 80 FT OF S 17 FT OF LOT 11 & W 80 FT OF LOT 12 BLK 30 JONESTOWN MCCAUGHAN ADD SEC 5-8-11
- Tax Annual Amount
- 1430
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic
Listing Agency
eAgent Nexus
(228) 400-2555
6616 Washington Ave., Suite D3, Ocean Springs, MS
Listed by
Keri Burke · License #S50542
(228) 382-0680
Added: Jun 10 Checked: Jul 16 at 7:06 pm
MLS# 4152242
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 freestanding restaurant building at 4204 15th Street in Gulfport features an efficient restaurant layout with open dining areas, service spaces, and an existing kitchen. The kitchen is equipped with commercial-grade appliances, including a subzero fridge, supporting an easy transition back into food service operations.
The property is located in a Gulfport commercial corridor with convenient access to major thoroughfares, including U.S. Highway 49 and 15th Street, and is described as being just minutes from Memorial Hospital at Gulfport. The surrounding area includes a mix of established businesses, medical offices, retail centers, and service providers.
The seller’s remarks indicate the property was formerly used as a restaurant and may be adaptable for other commercial food-service concepts; however, buyers and buyer’s agents should verify zoning, permitted uses, and all other requirements with the City of Gulfport and appropriate governing authorities.
The property is located in a Gulfport commercial corridor with convenient access to major thoroughfares, including U.S. Highway 49 and 15th Street, and is described as being just minutes from Memorial Hospital at Gulfport. The surrounding area includes a mix of established businesses, medical offices, retail centers, and service providers.
The seller’s remarks indicate the property was formerly used as a restaurant and may be adaptable for other commercial food-service concepts; however, buyers and buyer’s agents should verify zoning, permitted uses, and all other requirements with the City of Gulfport and appropriate governing authorities.
Key Highlights
- Freestanding commercial building on Gulfport commercial corridor; formerly operated as a restaurant and suited for multiple commercial uses
- Restaurant layout includes open dining areas, service spaces, and an existing kitchen
- Kitchen has commercial‑grade appliances plus a Sub‑Zero fridge
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 | $12.0k | $15.96 |
| − Vacancy | −$819 | −$1.09 |
| EGI | $11.2k | $14.87 |
| − OpEx | −$2.8k | −$3.72 |
| NOI | $8.4k | $11.16 |
755 SF · lease $15.96/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$120.3K
$105.3K – $140.4K
NOI $8,423 @ 7.0% cap · market cap 6.02%
Second Best
Industrial
$53.9K
$47.2K – $62.9K
NOI $3,772 @ 7.0% cap · market cap 2.70%
Theoretical Best
Healthcare Medical
$121.6K
$106.4K – $141.9K
NOI $8,514 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hannah Banana’s
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- The Buffet — 3300 W Beach Blvd, Gulfport, MS 39501
FAQs
What type of property is this?
Conventional restaurant - Freestanding building with an existing restaurant layout and commercial kitchen, including commercial-grade appliances and a subzero fridge.
Where is this conventional restaurant located?
The property is located at 4204 15th Street Gulfport, MS.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Freestanding commercial building on Gulfport commercial corridor; formerly operated as a restaurant and suited for multiple commercial uses; Restaurant layout includes open dining areas, service spaces, and an existing kitchen; Kitchen has commercial‑grade appliances plus a Sub‑Zero fridge
