Property summary
This exceptional offering presents a unique investment opportunity: the iconic Rebel Dip restaurant, situated on a highly visible 1.8-acre lot at 12387 US Hwy 49 in Gulfport, MS (zip code 39503). The property boasts 276 feet of highway frontage, ensuring high visibility and accessibility for customers. The sale includes the existing 2,305 square foot restaurant building (built in 1946), all fixtures, furniture, and equipment (FF&E), and a separate 2,300 square foot home/office. The property is zoned B-4 - Highway Business District, the highest zoning classification available on this stretch of Highway 49, offering significant redevelopment potential. The high-traffic location, with an average daily count of 44,000 vehicles, is complemented by nearby established businesses such as Planet Fitness, uBreakiFix, Little Caesar's, and The First Bank. The asking price is $1,750,000, translating to $759.22 per square foot. This versatile property is ideal for a variety of retail concepts, offering a compelling blend of established business and significant development potential. The property's parcel number is 0808D-04-005.000. The ample parking and convenient access points make this a truly exceptional opportunity in a prime Gulfport location. This is a rare chance to acquire a piece of Gulfport history with significant future upside.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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