Leased Office Building with Quonset
6200 Washington Avenue Ocean Springs, MS 39564
For Sale
$695,975
COMMERCIAL - Ocean Springs, MS
Property Size1,764 SF
Lot Size0.26 Acres
Price / SF$394.54
Days on Market357
Property Features for 6200 Washington Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
8
Standard status
Active
APN
0-74-40-015.000
Size
1,764 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 5 BLK 2 WINDSOR PARK S/D UNIT 2 DB 1324-55 (50 MAP784.18-03)
Tax Annual Amount
3155
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1967
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Listing Agency:
Weichert Rltrs-Gulf Properties
(228) 400-4853
Listed By:
Thomas L Reynolds · License #S52647
(228) 617-3048
Added: Aug 6, 2025
Changed: Jul 24
Last Checked: Jul 28 at 2:06AM
MLS# 4121641
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 for-sale commercial office property is currently leased and includes an additional Quonset hut located behind the main office. The offering combines office space with separate covered storage, supporting tenants who need additional room for inventory, equipment, or overflow operations.
Located at 6200 Washington Avenue in Ocean Springs, MS, the property is described as positioned between Highway 90 and I-10, with high visibility along a busy business corridor. The surrounding area includes a mix of neighboring businesses such as a church, gas station, office buildings, boat sales, and restaurants.
The tenant-in-place configuration provides an immediate occupancy component at closing, while the Quonset hut adds practical flexibility to the overall site layout.
Located at 6200 Washington Avenue in Ocean Springs, MS, the property is described as positioned between Highway 90 and I-10, with high visibility along a busy business corridor. The surrounding area includes a mix of neighboring businesses such as a church, gas station, office buildings, boat sales, and restaurants.
The tenant-in-place configuration provides an immediate occupancy component at closing, while the Quonset hut adds practical flexibility to the overall site layout.
Key Highlights
- Commercial office space built in 1967, currently leased
- Positioned between Highway 90 and I‑10
- Metal roof and tile flooring
Financial Insights For Office B
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 | $42.3k | $24.00 |
| − Vacancy | −$8.9k | −$5.03 |
| EGI | $33.5k | $18.97 |
| − OpEx | −$8.4k | −$4.74 |
| NOI | $25.1k | $14.23 |
1,764 SF · lease $24.00/SF/yr · vacancy 20.96% · expense 25.00%
Alternative Uses
Best Use
Office B
$358.5K
$313.7K – $418.3K
NOI $25,097 @ 7.0% cap · market cap 3.61%
Second Best
Warehouse
$198.4K
$173.6K – $231.5K
NOI $13,889 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$481.9K
$421.7K – $562.2K
NOI $33,733 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - A leased office property with a Quonset hut behind the main building for added storage.
Where is this office building located?
The property is located at 6200 Washington Avenue Ocean Springs, MS.
What is the asking price?
The asking price for this property is $695,975.
What are key features of this property?
This property features: Commercial office space built in 1967, currently leased; Positioned between Highway 90 and I‑10; Metal roof and tile flooring
