871 Howard Ave, Biloxi
Retail-Commercial
for Sale
| Catylist Listing ID: |
30721316 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
5,024 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.18 Acres
|
| Sale Price: |
$395,000 |
| Unit Price: |
$78.62 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/19/2021 |
Overview / Comments
|
Total of 4-5 Suites depending on how split, two small spaces rented for $2.500/mo. (woman's boutique and bagel shop). One large restaurant suite with -long bar, brick rear patio, gorgeous chandeliers, old tyme flare, formerly Rosetti's Café, across from Catholic church, ½ block from MGM Park, Heart of Biloxi, CBD. 5,024 SF per appraisal in Bldg. Brief list of work completed by Owner: New TPO Roof with warranty ($40,000), new stucco, freshly painted building, three new store fonts with wood doors, 4 new A/Cs, 2 new mini-splits for bakery and small shops, new awnings, split out and separately metered units with new wiring to individual units. Sale also includes 50% interest in 4,320 SqFt Lot located on Thomas St. Buyer and buyer's agent to verify all.
|
Additional Details
| Nearest MSA: |
Gulfport-Biloxi |
| County: |
Harrison |
| Taxing Authority: |
City of Biloxi |
| Tax ID/APN: |
1410K-03-152.000 |
| Zoning: |
DT (DOWNTOWN) |
| Retail Clientele: |
General, Tourist, Other |
| Property Visibility: |
Good |
| Feet of Frontage: |
80 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
5,024 SF |
| Property Condition: |
Good |
| Year Built: |
1940 |
| Year Renovated: |
2020 |
| Construction/Siding: |
Stucco |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Central, Other |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
Accommodate a wide range of retail, service, office, healthcare, dining, entertainment, and upper-floor residential. |
| Lot Frontage: |
80 |
| Lot Depth: |
105 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,581 |
21,489 |
57,402 |
| Median Age: |
37.21 |
34.51 |
35.69 |
| Households: |
1,909 |
7,815 |
22,617 |
|
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