This exceptional investment opportunity presents a fully rented, 20,449 square foot commercial building situated on a 0.47-acre lot at 156 Porter Avenue in Biloxi, Mississippi. Priced at $869,000, this property offers significant potential for immediate return on investment. The building has undergone extensive upgrades and unit remodels within the last two years, ensuring modern and attractive spaces for tenants. The current occupancy rate of 100% translates to a consistent and reliable cash flow stream, making this an ideal asset for passive income generation. The property's location in Biloxi provides easy access to major transportation routes and a thriving local economy. This turnkey operation requires minimal management, allowing investors to maximize their returns with minimal effort. The property is ready for immediate viewing, allowing prospective buyers to assess its value and potential firsthand. This is a rare opportunity to acquire a high-performing commercial property in a desirable location, offering a secure and profitable investment. Don't miss out on this exceptional chance to add a strong performer to your portfolio. Contact us today to schedule a showing.
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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