156 Porter Ave Biloxi, MS 39530

This exceptional investment opportunity presents a fully occupied, 11,291 square foot office building situated on a 20,449 square foot lot in Biloxi, Mississippi. The property, built in 1950, consists of a single-story building with six individual units, currently boasting 100% occupancy. Each unit has undergone recent upgrades and remodels within the last two years, ensuring a high-quality tenant experience and maximizing rental income. The property features ample parking with 30 spaces available for tenants and visitors. The asking price is $869,000, representing a compelling price per square foot of $76.96 and a strong 9.15% capitalization rate, based on a Net Operating Income (NOI) of $79,514. The property's address is 156 Porter Ave, Biloxi, MS 39530, and its APN is 1310I-01-015.000. This is a fee simple ownership opportunity with significant potential for continued strong cash flow. The property's excellent location and recent improvements make it an ideal investment for those seeking a stable, high-return asset in a thriving market. The property is ready for immediate viewing.