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

View FullscreenMap

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

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.