For Sale
$2,950,000

4211 Hospital RdPascagoula, MS 39581

Mississippi Medical Office Building - High Potential

Overview

Added:
Dec 11, 2024
Days on market:
121
This 125,000 square foot, three-story Class B medical office building, located at 4211 Hospital Rd, Pascagoula, MS 39581, is offered at $2,950,000 ($23.60/sq ft). Built in 1975 and extensively renovated in 2020, the property boasts new LED lighting, HVAC systems, and bathrooms. Currently, the building has 25% occupancy with three tenants: a cardiologist, chiropractor, and urgent care facility. The gross lease structure presents an opportunity for significant income growth. Its prime location directly across from Singing River Hospital in Jackson County's medical district offers substantial potential for attracting medical and related tenants. The high vacancy rate presents a chance to increase occupancy and maximize returns. This modernized facility is in excellent condition and ready for new tenants. All offers will be considered.

Highlights

  • Prime medical office building directly across from Pascagoula County Hospital.
  • Recently renovated with high occupancy potential.
  • Strong demand anticipated from medical and related businesses.

Property Details for 4211 Hospital Rd

Property type
Office properties, Medical offices
Square Feet
125,000 SF
Class
B
Year Built/Renovated
1975/2020
Buildings
1
Stories
3

Location Insight

City
Pascagoula
County
Jackson
State
Mississippi
Latitude
30.376278895979
Longitude
-88.53484424573
4211 Hospital Rd, Pascagoula, Mississippi

FAQs

What type of property is this?
Office property - Mississippi Medical Office Building - High Potential
Where is the office property located?
The property is located at 4211 Hospital Rd Pascagoula, MS.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime medical office building directly across from Pascagoula County Hospital.; Recently renovated with high occupancy potential.; Strong demand anticipated from medical and related businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4211 Hospital Rd
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