777 Watkins Ave 3,681 SF 100% Leased Office Building Gulfport, MS 39507 $607,033 CAD ($164.91 CAD/SF)

This mixed-use commercial property presents a compelling investment opportunity in a highly visible and well-traveled corridor just off Pass Road, one block from Cowan Lorraine and adjacent to Hansboro Square. With its combination of strategic positioning, street presence, and tenant diversification, the asset offers both immediate income stability and meaningful long-term upside. Its T4 Plus zoning enhances the property's appeal by supporting a broad range of future commercial or mixed-use development paths. The site benefits from convenient regional connectivity with quick access to I-10 and Highway 90, making it suitable for a spectrum of professional, service-based, and destination-use tenants. The building features multiple independent units, including a fully renovated upper-level two-bedroom, two-bath residential apartment currently leased at 1,150 dollars per month. This unit provides dependable income and reduces carrying risk while offering the option to retain or convert depending on ownership strategy. An additional upstairs office suite expands flexibility for small business users or additional lease-up potential. On the ground floor, two professional office suites accommodate a wide range of commercial operations, supporting either investor or owner-user objectives. The property functions efficiently with three separately metered power services, allowing clean expense allocation among occupants, while water and gas are centrally metered to streamline operations. Its combination of visibility, access, and multi-unit configuration supports strong long-term value. With income already in place and room for further stabilization or repositioning, this property stands out as a versatile and well-located coastal Gulfport opportunity.