Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Wine and Liquor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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