124 Rue Magnolia, Biloxi, MS 39530
$325,000
Property Type:
Commercial Sale
Square Footage:
2,377
Lot Size (sq. ft.):
156,598,200
Status:
Closed
Current Price:
$325,000
List Date:
8/03/2020
Last Modified:
11/19/2024
Description
The perfect downtown residence. literally steps to casinos, restaraunt's, shopping. Can use a portion for a pied a terre and utilize other portions for commercial income with current renters or your own business. Mere feet from the legendary Mary Mahoney's restaraunt and the Hard Rock & Beau Rivage Casinos.
Leased for $2,600 per month with some tenants having been there for 13 years. Three current tenants.
Property could also be used for single family and also potential daily, weekly, monthly rentals.
More Information MLS# 3364874
Address and Location Information
Parcel Number: 1410k-03-103.000
Directions to Property: 124 Rue Magnolia on the corner directly behind M.Mahoney's
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 124
Street Name: Rue Magnolia
County: Harrison
State: MS
Zip Code: 39530
Subdivision: V. Delmas
Location
Central Business District: 1
City Street: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2020-08-03
List Price: $325,000
Current Price: $325,000
Property Sub Type: Other
General Property Information
Property Sub Type: Other
New Construction: No
Approx Lot Size Acres: 3595
Lot Size Dimensions: 40x90
SqFt Source: Assessor
List Price/SqFt: 136.73
Year Built Source: Assessor
Total Floors: 1
Bathrooms Half: 2
Bathrooms Three Quarter: 1
Fireplace: Yes
Accessibility Features: No
Approx H/C SqFt: 2377
Year Built: 1900
Tax and Financial Information
Tax Annual Amount: 1705.71
Tax Year: 2020
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: Yes
Legal Description: LOT 39 X 85 FT AT NE COR OF WATER ST & MAGNOLIA MALL SEC BLK 126
Remarks & Miscellaneous
Public Remarks: The perfect downtown residence. literally steps to casinos, restaraunt's, shopping. Can use a portion for a pied a terre and utilize other portions for commercial income with current renters or your own business. Mere feet from the legendary Mary Mahoney's restaraunt and the Hard Rock & Beau Rivage Casinos.
Leased for $2,600 per month with some tenants having been there for 13 years. Three current tenants.
Property could also be used for single family and also potential daily, weekly, monthly rentals.
Status Change Info
Sold Price/SqFt: 136.73
Contract Date/Pending Date: 2021-01-30
Closing Date: 2021-03-31
Possible Use
Medical/Dental: 1
Office: 1
Retail: 1
Other: 1
Lot Features
Level: 1
Covenants And Restrictions
Architectural Review: 1
Easements: 1
Levels
One: 1
Sewer
Public Sewer: 1
Commercial Features
Number of Restrooms: 3
Water Source
Public: 1
Listing Terms
Conventional: 1
Walls - Interior
Paneling: 1
Sheetrock: 1
Wood: 1
Square Footage Description
Ofc. Bldg 2500-5000 SF: 1
Ofc. Bldg 10000-50000 SF: 1
Flooring
Brick: 1
Hardwood: 1
Slate: 1
Wood: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Foundation Details
Pillar/Post/Pier: 1
Exterior Construction/Siding
Frame: 1
Parking Features
Other: 1
See Remarks: 1
Price Includes
Building and Land: 1
Building Only: 1
Available Documents
Survey: 1
Additional Transportation
Airport 3+ Miles: 1
City Street: 1
Approx Age Code
Older 25+ Years: 1
Property Features
Possible Use: Medical/Dental; Office; Retail; Other
Lot Features: Level
Location: Central Business District; City Street
Levels: One
Square Footage Description: Ofc. Bldg 2500-5000 SF; Ofc. Bldg 10000-50000 SF
Covenants And Restrictions: Architectural Review; Easements
Walls - Interior: Paneling; Sheetrock; Wood
Flooring: Brick; Hardwood; Slate; Wood
Cooling: Central Air; Electric
Heating: Central; Electric; Heat Pump
Sewer: Public Sewer
Water Source: Public
Foundation Details: Pillar/Post/Pier
Listing Terms: Conventional
Parking Features: Other; See Remarks
Additional Transportation: Airport 3+ Miles; City Street
Price Includes: Building and Land; Building Only
Available Documents: Survey
Approx Age Code: Older 25+ Years
Listing Office:
The Xchange Group, LLC
Listing Agent:
Desmond C Felsher
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.