Property profile

178 Main St Biloxi, MS 39530

OFF-MARKET
Office Spaces
Property ID
US50-0004425
9,826 SF 0.44 ac lot Built 1970
Trust Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Gardner Building offers flexible executive office space in a prime downtown Biloxi location. This three-story building, constructed in 1975, boasts 12,000 square feet of total space, currently divided into eight suites. Three suites are immediately available, ranging from 1,200 to 2,000 contiguous square feet. The building features an elevator for convenient access to all three floors. Each floor offers balconies providing ample natural light. The building's central downtown location offers excellent visibility and accessibility, situated near the intersection of Main Street and Dr. Martin Luther King. The property is ideal for businesses seeking high-quality, flexible office space in a vibrant urban setting. With a total of 2,000 square feet currently vacant, this presents a unique opportunity for expansion or consolidation. The building's multiple tenancy structure allows for a variety of business sizes and configurations. This is a rare opportunity to secure executive office space in a well-maintained building with desirable amenities in the heart of Biloxi. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1970
Total area 9,826 SF
Lot 0.44 ac (19,320 SF)
APN 1410K-01-042.000
UPID US50-0004425

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm Child Welfare Organization
  • Civil Engineer
  • Newspaper & Magazine Television Studio
  • Association / Organization

Location

178 Main St Biloxi, MS 39530-3843
Biloxi metro Census 3600 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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