1380 26th Ave Gulfport, MS 39501-1901
This exceptional 2,500 square foot traditional office building is located in the heart of Gulfport's Central Business District at 1380 26th Ave, Gulfport, MS 39501. Currently operating at 100% occupancy, the property offers a strong investment opportunity with a stable income stream. The asking price is $795,000, translating to a price per square foot of $318. The building is fully leased to a local bank under a modified lease agreement with a term extending until the end of 2025, generating a monthly rental income of $4,250. Its prime location in the Central Business District provides excellent visibility and accessibility, surrounded by a vibrant mix of businesses, entertainment venues, and restaurants. This presents a rare opportunity to acquire a fully leased, income-producing commercial property in a thriving downtown area. The property's strong tenancy and favorable lease terms make it an attractive investment for those seeking a stable and profitable addition to their portfolio. Serious inquiries only. Please do not disturb the tenant.
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Community Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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