308 Santini StBiloxi, MS 39530

  • Office properties
  • 1,288 SF
For Sale
$275,000 View listing

Property Details for 308 Santini St

Year built
1930
Property size (Sq ft)
1,288 SF
Property type
Office properties
Property subtype
Other office properties
APN
1410E-04-018.000
APU
1410E04018000

Description

This exceptional business opportunity presents a profitable appliance repair and parts shop located at 308 Santini Street, Biloxi, MS. Boasting 1,288 square feet on a sizable 12,941-acre lot, this well-established business has thrived since 2009, cultivating a loyal customer base in a prime Biloxi location. Its strategic position near the Beau Rivage, Keesler Federal Park, and Biloxi's bustling entertainment and shopping districts, as well as Keesler Air Force Base, ensures consistent high traffic. The property benefits from recent upgrades, including a new roof and a freshly paved parking lot, minimizing immediate maintenance needs. The business is offered "as-is," presenting an ideal investment for an entrepreneur seeking a turnkey operation or an investor looking to expand their portfolio. The high visibility and established reputation of this business make it a truly unique opportunity within Biloxi's thriving commercial landscape. Showings are by appointment only during regular business hours. The asking price for this turnkey business is $275,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $204,253
    6.5%
    $188,541
    7%
    $175,074
  • Comparable approach

    Method
    Valuation
    Relative Method
    $98,250
    Geo Method
    $91,564
  • Alternative Use

    Use
    Valuation
    Residential
    $233,791
    Hospitality
    $214,151
    Educational
    $178,171
    Medical
    $184,299
    Retail
    $277,156
308 Santini St, Biloxi, Mississippi

Location Insight

City
Biloxi
County
Harrison
State
Mississippi
Latitude
30.4036
Longitude
-88.8961
CBSA code
25060
CBSA name
GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,066
-
-
$9,710
-
$22,617
$42,115
$64,732

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].