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1818 Bienville Blvd
Ocean Springs, MS 39564
Retail Property For Sale
Investment Highlights
- Four Unit Retail Building
- Hwy 90 Frontage, Ocean Springs MS
- Fully leased with $38,400 AGI
- Value Add "Bite Sized Investment"
Executive Summary
Four Unit Retail Building located on Hwy 90 Ocean Springs, MS, fully leased with $38,400 annual gross income. Great Location fronting Hwy 90, east of Holcomb Blvd. Leases are well below market and short term allowing for rate adjustments or redevelopment of the property.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,400 SF
Building Class
C
Year Built
1970
Price
$544,769 CAD
Price Per SF
$100.88 CAD
Cap Rate
7.37%
NOI
$40,150 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.24 AC
Zoning
C - commercial
Frontage
150’ on Bienville
Property Taxes
| Parcel Number | 6-13-00-004.000 | Improvements Assessment | $24,105 CAD |
| Land Assessment | $14,699 CAD | Total Assessment | $38,804 CAD |
Property Taxes
Parcel Number
6-13-00-004.000
Land Assessment
$14,699 CAD
Improvements Assessment
$24,105 CAD
Total Assessment
$38,804 CAD
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