1924 30th Avenue, Gulfport, MS 39501 (MLS# 4152818)

1924 30th Avenue, Gulfport, MS 39501

New Listing

$350,000

Virtual Tour

https://www.propertypanorama.com/1924-30th-Avenue-Gulfport-MS-39501/unbranded

Property Type: Commercial Sale Square Footage: 3,883 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $350,000 List Date: 6/15/2026 Last Modified: 6/15/2026

Overview

Description

**Investment Opportunity - Income-Producing Senior Living Facility | Gulfport, MS** Located at 1924 30th Avenue in Gulfport, Mississippi, this well-maintained commercial property presents an exceptional investment opportunity with an established tenant and immediate cash flow. Currently operating as a senior living facility in partnership with the VA, the property is fully leased with approximately twenty-three (23) months remaining on the current lease and includes a tenant option to renew for an additional three (3) years. The facility underwent a comprehensive remodel completed in February 2026, enhancing the property's functionality, appearance, and long-term value. As part of the improvements, a new sprinkler system was installed, providing added safety and compliance for the facility's operations. The property is thoughtfully designed to accommodate resident care and daily living activities, featuring eleven (11) resident rooms, one (1) full bathroom, two (2) half bathrooms, a ... (Read more) **Investment Opportunity - Income-Producing Senior Living Facility | Gulfport, MS** Located at 1924 30th Avenue in Gulfport, Mississippi, this well-maintained commercial property presents an exceptional investment opportunity with an established tenant and immediate cash flow. Currently operating as a senior living facility in partnership with the VA, the property is fully leased with approximately twenty-three (23) months remaining on the current lease and includes a tenant option to renew for an additional three (3) years. The facility underwent a comprehensive remodel completed in February 2026, enhancing the property's functionality, appearance, and long-term value. As part of the improvements, a new sprinkler system was installed, providing added safety and compliance for the facility's operations. The property is thoughtfully designed to accommodate resident care and daily living activities, featuring eleven (11) resident rooms, one (1) full bathroom, two (2) half bathrooms, a kitchenette, dedicated dining room, and two spacious sitting/entertainment areas for residents. Additional amenities include an employee lounge/office, utility room, and storage room, providing efficient functionality for ongoing operations. This turnkey investment offers a strong 9.18% cap rate, making it an attractive addition to any investor's portfolio. The property's established use, stable tenancy, recent upgrades, and favorable lease structure provide both income stability and future growth potential. **Property Highlights:** * Asking Price: $350,000 * Income-producing commercial investment * Currently operating as a senior living facility associated with the VA * Complete remodel finished in February 2026 * New sprinkler system installed * 11 resident rooms * 1 full bathroom and 2 half bathrooms * Kitchenette and dedicated dining area * 2 resident sitting/entertainment rooms * Employee lounge/office * Utility room and storage room * Approximately 23 months remaining on current lease * Tenant option to renew for an additional 3 years * Strong 9.18% cap rate * Convenient Gulfport location Investors seeking stable cash flow and a proven tenant-operated facility will appreciate the value and income potential this property offers. With substantial recent improvements already completed, this property is positioned to deliver reliable returns with minimal immediate capital expenditure requirements.

Listing Details MLS# 4152818

General Property Information

Approx Lot Size Acres: 0.25
Lot Size Dimensions: 100x110
Approx H/C SqFt: 3883
Office Square Footage: 3896
SqFt Source: Public Records
List Price/SqFt: 90.14
Number of Lots: Yes
Year Built Known: Yes
Divisible: No
Year Built: 1968
Year Built Source: Public Records
Total Floors: Yes
Fireplace: No
Pool: No
Accessibility Features: Yes
Property Sub Type: Business
New Construction: No
Property Condition: Updated/Remodeled
Garage Spaces: 0
Carport Spaces: 0
Bathrooms Three Quarter: 0
Fireplaces Total: 0

Property Features

Business Type: Commercial; Senior Housing Current Use: Other Possible Use: Barber/Beauty; Commercial; Office; Place of Worship; Retail Commercial Features: ADA Qualified; Living Space Available; Rest Rooms; Smoke Detector(s) Lot Features: Corner Lot Location: Corner Lot; Downtown; Freestanding; Office Building; Paved Levels: One Square Footage Description: Ofc. Bldg 2500-5000 SF Expenses Include: Insurance; Management; Taxes Cooling: Central Air; Electric Heating: Electric Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Sale Options: Under Lease Roof: Shingle Exterior Features: None Driveway Features: Paved Drive; Side Entrance Parking Features: On Site; On Street; Paved Additional Transportation: City Street; Paved Flood Insurance: Subject to Survey Price Includes: Building and Land Available Documents: Floodway Map; Leases; Legal Description; Photographs; Traffic Count Disclosures: As Is; Investment Approx Age Code: Older 25+ Years

Address and Location Information

Street Number: 1924
Street Name: 30th
Street Suffix: Avenue
Lot #: 21
County: Harrison
State: MS
Zip Code: 39501
Nearest Cross Street: 20th Street
Parcel Number: 0811e-01-028.000
PPIN: 088254
Subdivision: Gulfport City
N or S of I-10: S
N or S of CSX Railroad Track: N

Listing Information

Property Sub Type: Business
Listing Service: Full Service
Never Occupied: No

Tax and Financial Information

Tax Annual Amount: 4218
Tax Year: 2025
Zoning: Neighborhood Business
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
16th Section: No
Sold In Previous 12 Months: No
Association: No
Legal Description: LOTS 21 TO 24 BLK 113 ORIGINAL GULFPORT

Commercial Features

Average Lease Per SqFt: 13
Business Included: No
Cap Rate: 10
Frontage Feet: 100
Number of Tenants: Yes
Traffic Count: 11000
ADA Qualified: Yes
Living Space Available: Yes
Rest Rooms: Yes
Smoke Detector(s): Yes

More Information

Auction

Auction: No

Showing Requirements

Showing: Appointment Required
Appointment Phone: 228-343-3583

Basement Features

Basement: No

Parking Spaces

# Parking Spaces Uncovered: 10

Location

Corner Lot: Yes
Downtown: Yes
Freestanding: Yes
Office Building: Yes
Paved: Yes

Remarks & Miscellaneous

Public Remarks: **Investment Opportunity - Income-Producing Senior Living Facility | Gulfport, MS** Located at 1924 30th Avenue in Gulfport, Mississippi, this well-maintained commercial property presents an exceptional investment opportunity with an established tenant and immediate cash flow. Currently operating as a senior living facility in partnership with the VA, the property is fully leased with approximately twenty-three (23) months remaining on the current lease and includes a tenant option to renew for an additional three (3) years. The facility underwent a comprehensive remodel completed in February 2026, enhancing the property's functionality, appearance, and long-term value. As part of the improvements, a new sprinkler system was installed, providing added safety and compliance for the facility's operations. The property is thoughtfully designed to accommodate resident care and daily living activities, featuring eleven (11) resident rooms, one (1) full bathroom, two (2) half bathrooms, a kitchenette, dedicated dining room, and two spacious sitting/entertainment areas for residents. Additional amenities include an employee lounge/office, utility room, and storage room, providing efficient functionality for ongoing operations. This turnkey investment offers a strong 9.18% cap rate, making it an attractive addition to any investor's portfolio. The property's established use, stable tenancy, recent upgrades, and favorable lease structure provide both income stability and future growth potential. **Property Highlights:** * Asking Price: $350,000 * Income-producing commercial investment * Currently operating as a senior living facility associated with the VA * Complete remodel finished in February 2026 * New sprinkler system installed * 11 resident rooms * 1 full bathroom and 2 half bathrooms * Kitchenette and dedicated dining area * 2 resident sitting/entertainment rooms * Employee lounge/office * Utility room and storage room * Approximately 23 months remaining on current lease * Tenant option to renew for an additional 3 years * Strong 9.18% cap rate * Convenient Gulfport location Investors seeking stable cash flow and a proven tenant-operated facility will appreciate the value and income potential this property offers. With substantial recent improvements already completed, this property is positioned to deliver reliable returns with minimal immediate capital expenditure requirements.

Current Use

Other: Yes

Possible Use

Barber/Beauty: Yes
Commercial: Yes
Office: Yes
Place of Worship: Yes
Retail: Yes

Income & Expenses

Annual Net Income: 35700

Business Type

Commercial: Yes
Senior Housing: Yes

Lot Features

Corner Lot: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Square Footage Description

Ofc. Bldg 2500-5000 SF: Yes

Expenses Include

Insurance: Yes
Management: Yes
Taxes: Yes

Cooling

Central Air: Yes
Electric: Yes

Heating

Electric: Yes

Foundation Details

Slab: Yes

Sale Options

Under Lease: Yes

Exterior Construction/Siding

Brick: Yes
Siding: Yes

Roof

Shingle: Yes

Exterior Features

None: Yes

Driveway Features

Paved Drive: Yes
Side Entrance: Yes

Parking Features

On Site: Yes
On Street: Yes
Paved: Yes

Flood Insurance

Subject to Survey: Yes

Price Includes

Building and Land: Yes

Available Documents

Floodway Map: Yes
Leases: Yes
Legal Description: Yes
Photographs: Yes
Traffic Count: Yes

Disclosures

As Is: Yes
Investment: Yes

Additional Transportation

City Street: Yes
Paved: Yes

Approx Age Code

Older 25+ Years: Yes

Uncovered Parking?

1-25 Spaces: Yes

Documents

Chart of Permitted Uses ›

Floodway Map ›

Realist Tax Information ›

Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd

Listing Agent: Carrie A Fish

Last Updated: June - 15 - 2026