4416 Railroad St Gulfport, MS 39501-2477
- Office Properties & Spaces
- 2,432 SF
- 0.29 lot acres
Current Use by Public Records
- Sweet Magnolias Wine & Liquor / Liquor Store
Property Details for 4416 Railroad St
- Year built
- 1976
- Lot size
- 0.29 lot acres
- Property size
- 2,432 SF
- Property type
- Office Properties & Spaces
- APN
- 0711J-07-050.000
- APU
- 0711J07050000
Description
This exceptional 4,200 square foot retail property in Gulfport, Mississippi, presents a lucrative investment opportunity. Situated on a 0.29-acre lot at 4416 W Railroad Street, its prime location near Memorial Hospital ensures high visibility and foot traffic. The building is currently divided into two separate rental units, each offering significant potential. One unit is occupied by a thriving liquor store, generating consistent revenue. The other unit, equally spacious, is currently vacant, providing immediate opportunity for lease income or expansion of the existing business. Each unit includes two restrooms for tenant convenience. The vacant unit boasts an added advantage with two showers and washer/dryer hookups, expanding its appeal to a wider range of potential tenants. The property's existing income stream, combined with the potential for increased revenue from the vacant space, makes this a compelling investment for those seeking a strong return. The building's layout and amenities are well-suited for a variety of retail uses, offering flexibility and adaptability to meet diverse business needs. This is a rare chance to acquire a well-located, income-producing property with significant upside potential in a growing market. The asking price is $159,900.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Longitude
- -89.1173
- Latitude
- 30.3624
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA