2421 14th Street, Gulfport, MS 39501

$540,000
Property Type: Commercial Sale Square Footage: 4,400 Status: Closed
Current Price: $540,000 List Date: 5/13/2019 Last Modified: 11/19/2024

Overview

Description

Immediate passive income available. Beautifully renovated mixed-use building has exquisite Residential living space upstairs, recently leased tenant moves in Oct 2019. Ground Floor has 2200sf of Commercial vacant space, former Merle Norman studio. Retail or office space allowed, located among restaurants and shops within walking distance to the Aquarium, the Port, Fishbone alley and other important spots in downtown Gulfport. Building is located in the Opportunity Zone, would qualify for investment or owner/operator purchase options. Priced well below recent appraisal.

Listing Details MLS# 3348038

General Property Information

Lot Size Dimensions
31x77x31x77
Approx H/C SqFt
4400
SqFt Source
Owner
List Price/SqFt
122.72
Year Built
1945
Year Built Source
Public Records
Property Sub Type
Other
New Construction
No

Property Features

Possible Use: Bar/Tavern/Lounge; Office Square Footage Description: Ofc. Bldg 2500-5000 SF; Retail Bldg 2500-5000 SF Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Sewer: Public Sewer Water Source: Public Foundation Details: Slab Parking Features: Other; See Remarks Additional Transportation: City Street Price Includes: Building and Land Approx Age Code: Older 25+ Years

Address and Location Information

Street Number
2421
Street Name
14th
Street Suffix
Street
County
Harrison
State
MS
Zip Code
39501
Parcel Number
0811k-03-025.000
Subdivision
Original Gulfport
N or S of I-10
S
N or S of CSX Railroad Track
S

Listing Information

Property Sub Type
Other

Tax and Financial Information

Zoning
Urban Center
Legal Description
W 31.5 FT OF E 92 FT OF LOTS 22 TO 24 BLK 179 ORIGINAL GULFPORT

Status Change Info

Contract Date/Pending Date
2019-10-22
Closing Date
2019-12-13
Sold Price/SqFt
122.73

More Information

Remarks & Miscellaneous

Public Remarks
Immediate passive income available. Beautifully renovated mixed-use building has exquisite Residential living space upstairs, recently leased tenant moves in Oct 2019. Ground Floor has 2200sf of Commercial vacant space, former Merle Norman studio. Retail or office space allowed, located among restaurants and shops within walking distance to the Aquarium, the Port, Fishbone alley and other important spots in downtown Gulfport. Building is located in the Opportunity Zone, would qualify for investment or owner/operator purchase options. Priced well below recent appraisal.

Possible Use

Bar/Tavern/Lounge
Yes
Office
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Square Footage Description

Ofc. Bldg 2500-5000 SF
Yes
Retail Bldg 2500-5000 SF
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Parking Features

Other
Yes
See Remarks
Yes

Price Includes

Building and Land
Yes

Additional Transportation

City Street
Yes

Approx Age Code

Older 25+ Years
Yes

Documents

Listing Office: Vision Realty Group
Listing Agent: Claudia Keyes
Source MLS Verified
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.