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    Three-Story Mixed-Use Building Title is generated by Realmo AI

    713 Howard Avenue, Biloxi, MS 39530

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    Claim this Listing
    For Sale
    $1,900,000

    COMMERCIAL - Biloxi, MS

    Property size:
    18,000 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $105/SF
    Added:
    Mar 16, 2026
    Days on Market:
    86
    Last Refresh:
    Jun 9 at 3:06 pm

    Property Features for 713 Howard Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Window features
    Aluminum Frames
    Standard status
    Active
    APN
    1410k-03-055.000
    Size
    18,000 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 80 FT ON HOWARD AVE. BY 86 FT S BY BRADFORD E BY MAIN ST. N BY HOWARD AVE W BY MAVAR SEC BLK 102
    Tax Annual Amount
    4185

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1911
    Floors in Building
    3
    Flooring type
    Vinyl
    Roof type
    Rubber

    We can help!

    Listing Contact
    Jim Wheeler
    Jim Wheeler

    Listing agent Jim Wheeler License #B14811

    Listing office Landmark Properties-Wheeler & Assoc., Inc. 994 Howard Ave., Biloxi, MS

    Listing date Mar 16, 2026

    MLS# 4142624

    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.

    HighLights

    • Three‑story building located in Biloxi’s historic downtown district
    • First‑floor has 2 leased units generating $4,500 total monthly income
    • Second and third floors are currently owner‑occupied
    • Built in 1911
    • Public water and public sewer available
    • Cable available; vinyl flooring; rubber roof

    Overview

    This three-story mixed-use building offers a flexible configuration for ownership and future leasing. The first floor includes two separate units that are currently leased. The second and third floors are presently occupied by the owner, providing the option to continue owner use or rework the upper level for additional commercial occupancy. The property is presented as an income-and-occupancy combination within a single asset.

    The building is centrally located in Biloxi’s historic downtown district, supporting day-to-day commercial accessibility. Its placement within the downtown core is described as providing visibility and convenient access for prospective customers or tenants.

    For tenants, investors, or owner-operators, the layout provides two leased ground-floor units while maintaining control of the upper floors for personal use, transition to new space plans, or phased leasing. With a mixed-use structure spanning three levels and a straightforward split between leased and owner-occupied space, the property can support a range of near-term operating strategies while keeping the option open to expand leased footprint over time.

    Local Financial Insights For 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 $252.7k $14.04
    − Vacancy −$21.5k −$1.19
    EGI $231.2k $12.85
    − OpEx −$69.4k −$3.85
    NOI $161.9k $8.99
    18,000 SF · lease $14.04/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.31M
    $2.02M – $2.70M (±1% cap)
    NOI $161,867 @ 7.0% cap · market cap 8.52%
    Second Best
    Office B
    $2.05M
    $1.79M – $2.39M (±1% cap)
    NOI $143,467 @ 7.0% cap · market cap 7.55%
    Theoretical Best
    Healthcare Medical
    $2.90M
    $2.54M – $3.38M (±1% cap)
    NOI $202,986 @ 7.0% cap · market cap 10.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kay's Flowers (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.885817
    Latitude
    30.395962

    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use property with two leased ground-floor units and owner-occupied upper floors in downtown Biloxi.
    Where is this mixed-use property located?
    The property is located at 713 Howard Avenue Biloxi, MS.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Three‑story building located in Biloxi’s historic downtown district; First‑floor has 2 leased units generating $4,500 total monthly income; Second and third floors are currently owner‑occupied
    More about this property
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