871 Howard Ave Biloxi, MS 39530-4111
- Strip malls
- 5,360 SF
- 0.17 lot acres
Current Use by Public Records
- Lux - A Boutique Salon / Beauty Salon
- Boho Biloxi Social House / Restaurant
- Cafe 871 / Restaurant
- Adele’s Cafe / Restaurant
Property Details for 871 Howard Ave
- Year built
- 1940
- Lot size
- 0.17 lot acres
- Property size
- 5,360 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1410K-03-152.000
- APU
- 1410K03152000
Description
This 7,620 square foot storefront property, located at 871 Howard Ave, Biloxi, MS 39530, presents a compelling investment opportunity. Built in 1940, this single-story building sits on a 0.171-acre lot and is zoned for downtown commercial use. The property boasts a strong net operating income (NOI) of $59,620, yielding a cap rate of 0.80%. Its prime downtown Biloxi location offers high visibility and foot traffic, placing it within walking distance of popular attractions and the new Bella vacation destination. The property's APN is 1410K-03-152.000. This established retail space offers significant potential for investors seeking a stable, income-producing asset in a thriving Mississippi coastal city. The property's size and location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-situated, income-generating property in a high-demand area. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Longitude
- -88.8914
- Latitude
- 30.3967
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA