Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    673 Water St Biloxi, MS 39530

    Sponsored
    For Sale
    $540,000

    Prime Hospitality/Retail Land, $540,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity encompasses two contiguous parcels totaling 24,000 square feet (0.28 acres) in the heart of vibrant downtown Biloxi, Mississippi. Located at 673 and 669 Water Street, this property is ideally situated within walking distance of the burgeoning Ground Zero district, offering unparalleled access to the area's thriving hospitality and entertainment scene. The property's Neighborhood Business (NB) zoning allows for a wide range of commercial uses, making it perfect for a variety of hospitality or retail ventures. Its prime location places it directly across from established businesses like Mugshots and Patio 44, and behind the Hotel Legends, ensuring high visibility and foot traffic. The ongoing commercial development in Biloxi, exceeding $80 million, further underscores the significant growth potential of this location. This is a unique opportunity to capitalize on the continued flourishing of Water Street, which is poised to become a strong hospitality district with significant pedestrian traffic connecting restaurants, bars, and the renowned Hard Rock and Beau Rivage Casinos. The two parcels will be sold together and are not divisible. The asking price for this exceptional property is $540,000. APN: 1410k-01-069.000, 1410k-01-070.000. Zip code: 39530.

    Property Features for 673 Water St

    General Information

    Property type
    Retail properties
    Lot Size
    12,197 SF

    HighLights

    • NB (Neighborhood Business) zoning.
    • 24,000 SF total across two contiguous parcels (will not be sold separately).
    • Prime downtown location on Water Street, near Mugshots, Patio 44, Hotel Legends, and major casinos.
    • High foot traffic area with strong potential for hospitality uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Biloxi
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.884609
    Latitude
    30.394255

    Nearby Similar for Sale

    • $1,225,000
      3,400 SF

      Luxury Multi-Unit Property in Biloxi

      Income-producing multi-unit property with Airbnb potential in downtown Biloxi.
      782 Water St, Biloxi, MS 39530
      View Details
    • $349,900
      3,200 SF

      Biloxi Commercial Investment Opportunity

      Commercial property in Biloxi, zoned RB (Regional Business).
      282 Lameuse St, Biloxi, MS 39530
      View Details
    • $549,000
      3,488 SF

      Biloxi Commercial Daycare Opportunity

      Daycare facility with 66-child capacity in central Biloxi location.
      890 Vee St, Biloxi, MS 39532
      View Details
    • $329,000
      1,592 SF

      Charming Commercial Property in Biloxi

      Well-maintained commercial property suitable for various business ventures.
      266 Debuys Rd, Biloxi, MS 39531
      View Details
    • $399,000
      1,920 SF

      D'Iberville Commercial Property For Sale

      Commercial property in D'Iberville, MS, with multiple potential uses.
      10954 Old Highway 67, Diberville, MS 39540
      View Details
    • $3,100,000
      8,209 SF

      Riverfront RV Park and Campground

      Biloxi RV park with waterfront views and renovated clubhouse.
      12001 Cedar Lake Rd, Biloxi, MS 39532
      View Details
    • $899,000
      1,792 SF

      Versatile Property in Old D'Iberville

      Commercial and residential potential near Scarlet Pearl Casino.
      9498 Central Ave, Diberville, MS 39540
      View Details
    • $600,000
      7,021 SF

      Commercial Building on Pass Road

      Commercial building on Pass Rd. Perfect for retail or office.
      2733 Pass Rd, Biloxi, MS 39531
      View Details
    • $395,000
      1.91 Acres

      Waterfront Acres in Seawinds Estates

      1.91-acre waterfront property with deep water access and stunning views.
      Seawinds Blvd, Biloxi, MS 39532
      View Details
    • $300,000
      1,500 SF

      Biloxi Commercial Property For Sale

      Prime commercial property near beach and downtown Biloxi.
      219 Porter Ave, Biloxi, MS 39530
      View Details
    • $595,000
      1,435 SF

      Turn-Key Commercial Building in Biloxi

      High-traffic location suitable for various businesses, FF&E negotiable.
      934 Cedar Lake Rd, Biloxi, MS 39532
      View Details
    • $889,990
      0.96 Acres

      Waterfront Property in D'Iberville, MS

      Prime waterfront property near marina, casino, and interstate.
      117 Bay Shore Dr, Diberville, MS 39540
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Hospitality/Retail Land, $540,000
    Where is this retail property located?
    The property is located at 673 Water St Biloxi, MS.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: NB (Neighborhood Business) zoning.; 24,000 SF total across two contiguous parcels (will not be sold separately).; Prime downtown location on Water Street, near Mugshots, Patio 44, Hotel Legends, and major casinos.
    Request Owner's contact information
    673 Water St Biloxi, MS 39530
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    673 Water St
    Biloxi, MS 39530
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    673 Water St Biloxi, MS 39530
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.