1513 24Th Ave Gulfport, MS 39501
- Retail residential properties
- 6,557 SF
- 0.19 lot acres
Current Use by Public Records
- Clay's Print Shop Inc / Print Shop
Property Details for 1513 24Th Ave
- Year built
- 1928
- Lot size
- 0.19 lot acres
- Property size
- 6,557 SF
- Property type
- Retail residential properties
- APN
- 0811F-03-014.000
- APU
- 0811F03014000
Description
This exceptional 6,557 square foot building is situated in the heart of downtown Gulfport, Mississippi, directly across from City Hall. Its prime location offers excellent visibility and accessibility. The property sits on a 0.19-acre lot and presents a unique opportunity for investors. The building's current configuration includes office spaces in the front, ideal for professional services or similar businesses. The rear of the building features a large open area, previously used for print equipment operation, offering versatile space adaptable to various needs. This adaptability makes it suitable for a range of commercial uses. A significant advantage is the seller's willingness to lease back a portion of the building, providing immediate rental income for the new owner. This lease-back arrangement minimizes vacancy risk and offers a strong return on investment from day one. The building's character adds to its appeal, making it a desirable property in a thriving downtown area. The asking price is $557,000, representing a compelling investment opportunity in a high-demand location. The combination of existing office space, adaptable open space, and the seller's lease-back agreement makes this a truly unique and attractive commercial property. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.0919
- Latitude
- 30.3696
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
