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Property profile & analytics
FOR LEASE
Retail residential properties

1723 25Th Ave Gulfport, MS 39501

6,244 SF 0.23 ac lot Built 1967
Individually Owned 4-yr Hold Free & Clear
Property ID
US50-0007514
Property summary
AI-generated overview

This exceptional commercial property, located on busy Highway 49, offers a unique opportunity for retail and restaurant businesses. The single-story, 4,800 square foot building sits on a 2.4-acre lot and is classified as Class B. Constructed in 1967, the property features a newly renovated parking lot on the south side, along with convenient rear alley and street parking. Recent improvements include new landscaping, gutters, and a drainage system, enhancing both curb appeal and functionality. The property is zoned B2 and offers multiple tenancy options, with a minimum divisible space of 3,000 square feet. Currently, two spaces are available: a 1,300 square foot restaurant space and a 3,500 square foot retail space. The restaurant space is available for $1500.00 per month. The property's location on Highway 49 ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The Harrison County location, with APN 0811F-04-052.000, provides a stable and desirable market for commercial ventures. This is a rare opportunity to secure a well-maintained, strategically located commercial property with significant potential for growth.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1967
Total area 6,244 SF
Lot 0.23 ac (10,000 SF)
APN 0811F-04-052.000
UPID US50-0007514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Los Kioskos - Colombian cuisine Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Yat Chau Chan · 4 yrs held
Yat Chau Chan
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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