332 S Magnolia Dr Wiggins, MS 39577
For Sale
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This exceptional commercial property, located at 332 S Magnolia Drive in Wiggins, Mississippi, presents a unique investment opportunity. Boasting 2,560 square feet on a 0.48-acre lot, this versatile space offers significant potential for a variety of businesses. Previously utilized as a dance studio and coffee shop, the property benefits from a high daily traffic count, ensuring excellent visibility and accessibility. Currently generating passive monthly income, this asset is ready for immediate occupancy and revenue generation. The property is zoned C-2, placing it ideally within the downtown area of Wiggins, conveniently situated between the larger cities of Gulfport and Hattiesburg. This strategic location provides easy access to a substantial customer base. Utilities, including water, sewage, and garbage services, are available through the City of Wiggins Public Works department. The property is being sold "as is," and prospective buyers are responsible for securing utilities for any necessary inspections or appraisals. This is a prime opportunity to acquire a well-located, income-producing commercial property in a thriving Mississippi community. Don't miss out on this chance to establish your business or expand your investment portfolio. The information provided is not guaranteed.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.