Waterfront Mixed-Use
For Sale
$1,750,000
707 Bienville Boulevard, Ocean Springs, MS 39564
Commercial Sale, Ocean Springs, MS
Property Size7,850 SF
Lot Size0.76 Acres
Price / SF$222.93
Days on Market49
Property Features for 707 Bienville Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Accessibility
Accessible Elevator Installed
Directions
Turn West on Bienville blvd. from Washington Ave. Property is less than half a mile on the right.
Standard status
Active
APN
6-02-24-010.030
Size
7,850 SF
Lot size
0.76 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM N/L HWY 90 WHICH PT IS 578.5W & 359.7' S OF MONUMENT ON E/L SEC 24 BEING 218' M/L N OF N/M HWY N 21* W 127.7' TO CENTERLINEBAYOU S 61* W 282.7' S 41* W 31.52' S 21* E 107.6' ON N/M HWYN 63* E 310.2' TO POB DB 1535-574 (23 MAP796.24-04)
Tax Annual Amount
5099
Legal Description
COM N/L HWY 90 WHICH PT IS 578.5W & 359.7' S OF MONUMENT ON E/L SEC 24 BEING 218' M/L N OF N/M HWY N 21* W 127.7' TO CENTERLINEBAYOU S 61* W 282.7' S 41* W 31.52' S 21* E 107.6' ON N/M HWYN 63* E 310.2' TO POB DB 1535-574 (23 MAP796.24-04)
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
hardwired internet
covered deck
balcony
dock
pier
Building Details
Year built
1997
Floors in Building
3
Roof type
Shingle
Listing Agency:
Coldwell Banker Smith Home Rltrs-OS · Coldwell Banker Real Estate
(228) 872-3330
Listed By:
Amy Mann · License #S-61366
(601) 214-1312
Added: Aug 31
Changed: Oct 8
Last Checked: Oct 18 at 6:06PM
MLS# 4161239
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.
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Investment Insights
Based on property information with market context.
This three-story mixed-use property contains approximately 7,850 square feet, with open commercial space on the first floor, two office suites on the second, and residential space on the third. The office suites each have about five rooms, a bathroom, and a kitchen or kitchenette. The building also includes an elevator, covered porches and decks, utility and storage space, and an attic. Central heating and air conditioning serve the property, which was built in 1997.
The property has approximately 300 feet of frontage along the Highway 90 Service Road and approximately 300 feet of dredged deep-water frontage. About 200 feet of shoreline is bulkheaded, with a pier and docks measuring approximately 60 feet and 40 feet. A fenced outdoor storage area sits near the docks. The location is within the Entertainment District, and the property is zoned for commercial and residential use.
The property has approximately 300 feet of frontage along the Highway 90 Service Road and approximately 300 feet of dredged deep-water frontage. About 200 feet of shoreline is bulkheaded, with a pier and docks measuring approximately 60 feet and 40 feet. A fenced outdoor storage area sits near the docks. The location is within the Entertainment District, and the property is zoned for commercial and residential use.
Key Highlights
- Approximately 7,850 square feet across three stories
- About 300 feet of dredged deep‑water frontage and 300 feet along the Highway 90 Service Road
- Waterfront includes a pier, an approximately 60‑foot dock, and an additional 40‑foot dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,684
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,233,680
$2.2M
Cap Rate 7%
$1,595,486
$1.6M
Cap Rate 9%
$1,240,933
$1.2M
Market Conditions
NOI Build-Up for 7,850 SF
Gross rent
$188.4K $24.00/SF
− Vacancy
−$39.5K −$5.03/SF
EGI
$148.9K $18.97/SF
− OpEx
−$37.2K −$4.74/SF
NOI
$111.7K $14.23/SF
Area
Jackson County, MS
Vacancy
20.96%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,233,680
Cap Rate 7%
$1,595,486
Cap Rate 9%
$1,240,933
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.86M
NOI $111,684 @ 7.0% cap · market cap 6.38%
Second Best
Mixed Use
$652.1K
$570.6K – $760.8K
NOI $45,647 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$2.14M
$1.88M – $2.50M
NOI $150,117 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 39564, MS
42,539
Population
18,908
Households
2.2
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
798
Density / Sq Mi
$77,300
Median Household Income
$43,754
Median Earnings
$1,314
Median Rent
$220,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three levels combine open commercial space, two office suites, and residential space, with elevator access.
Where is this mixed-use property located?
The property is located at 707 Bienville Boulevard Ocean Springs, MS.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Approximately 7,850 square feet across three stories; About 300 feet of dredged deep‑water frontage and 300 feet along the Highway 90 Service Road; Waterfront includes a pier, an approximately 60‑foot dock, and an additional 40‑foot dock
