For Sale
$745,000

871 Howard Ave Biloxi, MS 39530

High-yield storefront, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This 7,620 square foot storefront property, located at 871 Howard Ave, Biloxi, MS 39530, presents a compelling investment opportunity. Built in 1940, this single-story building sits on a 0.171-acre lot and is zoned for downtown commercial use. The property boasts a strong net operating income (NOI) of $59,620, yielding a cap rate of 0.80%. Its prime downtown Biloxi location offers high visibility and foot traffic, placing it within walking distance of popular attractions and the new Bella vacation destination. The property's APN is 1410K-03-152.000. This established retail space offers significant potential for investors seeking a stable, income-producing asset in a thriving Mississippi coastal city. The property's size and location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a well-situated, income-generating property in a high-demand area. Serious inquiries are encouraged.

Highlights

  • 7,620 SF storefront at 871 Howard Ave, Biloxi, MS 39530.
  • Single-story building on a 0.171-acre lot, built in 1940, zoned for downtown commercial use.
  • Strong NOI of $59,620, 0.80% cap rate.
  • Prime downtown Biloxi location with high visibility and foot traffic, near attractions and Bella vacation destination.
  • APN: 1410K-03-152.000.

Property Details for 871 Howard Ave

Property type
Retail properties, Retail space
Square Feet
7,620 SF
Year Built
1940
Stories
1
Lot Size (sq. ft)
7,449 SF

Location Insight

City
Biloxi
County
Harrison
State
Mississippi
Latitude
30.3967574
Longitude
-88.891394

FAQs

What type of property is this?
Retail property - High-yield storefront, prime location.
Where is the retail property located?
The property is located at 871 Howard Ave Biloxi, MS.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 7,620 SF storefront at 871 Howard Ave, Biloxi, MS 39530.; Single-story building on a 0.171-acre lot, built in 1940, zoned for downtown commercial use.; Strong NOI of $59,620, 0.80% cap rate.
How can I contact the broker?
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871 Howard Ave
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