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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
$548,691 CAD
Price Per SF
$101.61 CAD
Cap Rate
7.37%
NOI
$40,439 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.24 AC
Frontage
150’ on Bienville
PROPERTY TAXES
| Parcel Number | 6-13-00-004.000 | Improvements Assessment | $24,112 CAD |
| Land Assessment | $14,298 CAD | Total Assessment | $38,409 CAD |
PROPERTY TAXES
Parcel Number
6-13-00-004.000
Land Assessment
$14,298 CAD
Improvements Assessment
$24,112 CAD
Total Assessment
$38,409 CAD
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