178 Main StBiloxi, MS 39530
- Office properties
- 9,826 SF
Property Details for 178 Main St
- Year built
- 1970
- Lot size
- 0.44 AC
- Property size (Sq ft)
- 9,826 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 1410K-01-042.000
- APU
- 1410K01042000
Description
The Gardner Building offers flexible executive office space in a prime downtown Biloxi location. This three-story building, constructed in 1975, boasts 12,000 square feet of total space, currently divided into eight suites. Three suites are immediately available, ranging from 1,200 to 2,000 contiguous square feet. The building features an elevator for convenient access to all three floors. Each floor offers balconies providing ample natural light. The building's central downtown location offers excellent visibility and accessibility, situated near the intersection of Main Street and Dr. Martin Luther King. The property is ideal for businesses seeking high-quality, flexible office space in a vibrant urban setting. With a total of 2,000 square feet currently vacant, this presents a unique opportunity for expansion or consolidation. The building's multiple tenancy structure allows for a variety of business sizes and configurations. This is a rare opportunity to secure executive office space in a well-maintained building with desirable amenities in the heart of Biloxi. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,558,222
- 6.5%
- $1,438,359
- 7%
- $1,335,619
-
Comparable approach
- Method
- Valuation
- Relative Method
- $749,536
- Geo Method
- $698,530
-
Alternative Use
- Use
- Valuation
- Residential
- $1,783,565
- Hospitality
- $1,633,736
- Educational
- $1,359,249
- Medical
- $1,405,996
- Retail
- $2,114,387
Location Insight
- City
- Biloxi
- County
- Harrison
- State
- Mississippi
- Latitude
- 30.3976
- Longitude
- -88.8853
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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