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    FOR SALE
    Retail space

    198 Main St, Biloxi, MS 39530

    717 SF 0.34 ac lot Built 1974
    Individually Owned Free & Clear
    Property ID
    US50-0324423
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 198 Main St, Biloxi, MS 39530, presents a unique investment opportunity. The property consists of three parcels totaling 0.81 acres situated on a prime corner lot at Main and Esters Blvd, south of the railroad tracks. The main building offers 6,384 square feet of versatile metal flex space, including 1,250 square feet of heated and cooled area and three convenient roll-up doors. A detached 22' x 22' metal building with an 18' x 6'6" roll-up door provides additional storage or workspace. Previously used as an electric auto store, this property is ideally suited for a variety of businesses, including restaurants, sports pubs, or other auto-related enterprises. The location within a qualified Opportunity Zone adds significant investment appeal. The property benefits from its position in a rapidly developing downtown area experiencing substantial commercial growth, offering excellent potential for expansion and future development. The asking price is $648,000. The property was built in 1974 and has the APN numbers 1410k-01-040.000, 1410K-01-039.000, and 1410K-01-039.001.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1974
    Total area 717 SF
    Lot 0.34 ac (14,625 SF)
    APN 1410K-01-040.000
    UPID US50-0324423
    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
    • Hammett's Auto Electric Auto Repair Shop
    • Top-Notch Roofing Roofing Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    BUDDY R HAMMETT SR.
    BUDDY R HAMMETT SR.
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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