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Neighborhood Pub with Entertainment Area
For Sale
$575,000

4901 Chicot Street, Pascagoula, MS 39581

Commercial Sale, Pascagoula, MS

Property Size2,800 SF
Lot Size0.50 Acres
Price / SF$205.36
Days on Market51

Property Features for 4901 Chicot Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 4-16-55-004.000
Size 2,800 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description subject to survey
Tax Annual Amount 2757
Legal Description subject to survey

Utilities

Sewer type Public Sewer
Water source Public

Amenities

bar
commercial food-service capabilities
stage and entertainment area
outdoor gathering space

Building Details

Year built 1970
Flooring type Concrete
Roof type Metal
Listing Agency: Weichert Realtors Gulf Properties
Listed By: Reece R Roberts · License #B10810
Added: Aug 18 Changed: Sep 23 Last Checked: Oct 7 at 7:06AM
MLS# 4159609

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 operating pub and entertainment venue occupies approximately 2,800 square feet on a 0.5-acre parcel. The property includes a bar, commercial food-service facilities, a stage and entertainment area, outdoor gathering space, and on-site parking. Concrete flooring and a metal roof are in place, with the building constructed in 1970.

The property is positioned just north of Highway 90 in Pascagoula’s residential and industrial employment market, with visibility along Chicot Road. Public water and public sewer serve the site. The existing configuration supports food, beverage, and entertainment operations within a neighborhood-oriented setting.

Key Highlights

  • Approximately 2,800 square feet on a 0.5‑acre parcel
  • Existing bar and commercial food‑service facilities
  • Stage and dedicated entertainment area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,402
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,040 $828.0K
Cap Rate 7%
$591,457 $591.5K
Cap Rate 9%
$460,022 $460.0K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$59.8K $21.36/SF
− Vacancy
−$4.6K −$1.64/SF
EGI
$55.2K $19.72/SF
− OpEx
−$13.8K −$4.93/SF
NOI
$41.4K $14.79/SF
Area
Jackson County, MS
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,040
Cap Rate 7%
$591,457
Cap Rate 9%
$460,022

Alternative Uses

Best Use
Specialty Retail
$591.5K
$517.5K – $690.0K (±1% cap)
NOI $41,402 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$764.9K
$669.3K – $892.4K (±1% cap)
NOI $53,545 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Pharmacy Storage Facility

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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby
203k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Shops & Services 23% Apparel 15% Home Improvements & Furnishings 14%
Lowe's Home Improvements & Furnishings
27,769 visits/mo 0.1 miles
Aldi Groceries
25,998 visits/mo 0.3 miles
McDonald's Dining
20,198 visits/mo 0.2 miles
Wendy's Dining
13,252 visits/mo 0.2 miles
Dollar Tree Shops & Services
11,935 visits/mo 0.1 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
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • The Chill Spot Rell's Sports Lounge — 4625 Telephone Rd #2, Pascagoula, MS 39567
  • Sabrina's KettleCorn Treats LLC — 4537 Pimlico St, Pascagoula, MS 39581
  • JAZZY’S Daiquiri Bar & Grill — 5602 Telephone Rd, Pascagoula, MS 39567
  • Scotty's — 5602 telephone rd, pascagoula, ms 39567
  • Downtown Cafe & Daiquiri — 3438 Main St, Moss Point, MS 39563

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating pub with food-service facilities, a stage, outdoor gathering space, and on-site parking.
Where is this bar & pub located?
The property is located at 4901 Chicot Street Pascagoula, MS.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approximately 2,800 square feet on a 0.5‑acre parcel; Existing bar and commercial food‑service facilities; Stage and dedicated entertainment area
More about this property
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