311 Cowan Road, Gulfport, MS 39507

$475,000
Property Type: Commercial Sale Square Footage: 15,088 Lot Size (sq. ft.): 87,120 Status: Pending
Current Price: $475,000 List Date: 9/30/2025 Last Modified: 3/30/2026

Description

PRIME INVESTMENT OPPORTUNITY W/ 2+- ACRES- This is a rare chance to own a commercial shopping center in one of the hottest real estate markets on the MS Gulf Coast. SITUATED ON OVER 2+- ACRES, this property has a PROVEN RENTAL HISTORY, anchored by Educate & Celebrate, a long-term tenant of 11+ years. Positioned along a major north-south highway, the shopping center benefits from approximately 15,000 CARS PASSING DAILY, ensuring maximum visibility for businesses. Zoned T4+, the property is surrounded by top national and local retailers, the area is a thriving commercial hub. Nearby businesses include Club 4 Fitness, KFC, Taco Bell, Walgreens, McDonald's, Rouses Market, and many more. In addition, numerous new neighborhoods continue to develop in the area, bringing steady residential growth, increased traffic, and long-term customer potential. Conveniently located almost directly across from St. James Catholic Church, a well-known landmark that generates strong community foot traffic. This shopping center is a prime opportunity for an owner-occupied business, with the added benefit of generating rental income from additional tenants. Whether you're looking to expand your commercial portfolio or establish your own business in a high-growth area, this property offers exceptional value, proven performance, and long-term upside. This property is truly a prime investment opportunity. Don't miss out. Schedule your private tour today!

More Information MLS# 4124788

Address and Location Information

Parcel Number: 1010m-02-005.001 Directions to Property: From Pass Road head South on Cowan Road, property will be on the right hand side of the road just before you get to the railroad tracks. N or S of I-10: S N or S of CSX Railroad Track: N Street Number: 311 Street Name: Cowan Street Suffix: Road County: Harrison State: MS Zip Code: 39507 Subdivision: Metes And Bounds

Location

City: 1 Commercial Retail: 1

Listing Information

Listing Service: Full Service Status: Pending List Date: 2025-09-05 List Price: $475,000 Current Price: $475,000 Property Sub Type: Retail

General Property Information

Property Sub Type: Retail New Construction: No Approx Lot Size Acres: 2 SqFt Source: Appraiser List Price/SqFt: 31.48 Year Built Source: Appraiser Total Floors: 1 Accessibility Features: Yes Approx H/C SqFt: 15088 Year Built: 1970

Tax and Financial Information

Tax Annual Amount: 9187 Tax Year: 2024 Flood Insurance Required?: No Leasehold Y/N: No 16th Section: No Legal Description: 5.0 AC(C) BEG AT INTER OF W MAR COWAN RD & N MAR OF RAILROAD SWLY ALONG RAILROAD 229.2 FT N 200 FT W 150 FT S 246.3 FT TO RAILROAD SWLY ALONG RAILROAD 445 FT N 369.4 FT N 78 DG E 429.5 FT E 383.3 FT TO COWAN RD SLY ALONG RD 221 FT TO POB BEING PART OF LOTS 5 & 6 DAY BAKER SURVEY (UNRECORDED) PART OF SE1/4 OF SW1/4 OF SEC 31-7-10 Less and Except See attached Exhibit ''A''

Remarks & Miscellaneous

Public Remarks: PRIME INVESTMENT OPPORTUNITY W/ 2+- ACRES- This is a rare chance to own a commercial shopping center in one of the hottest real estate markets on the MS Gulf Coast. SITUATED ON OVER 2+- ACRES, this property has a PROVEN RENTAL HISTORY, anchored by Educate & Celebrate, a long-term tenant of 11+ years. Positioned along a major north-south highway, the shopping center benefits from approximately 15,000 CARS PASSING DAILY, ensuring maximum visibility for businesses. Zoned T4+, the property is surrounded by top national and local retailers, the area is a thriving commercial hub. Nearby businesses include Club 4 Fitness, KFC, Taco Bell, Walgreens, McDonald's, Rouses Market, and many more. In addition, numerous new neighborhoods continue to develop in the area, bringing steady residential growth, increased traffic, and long-term customer potential. Conveniently located almost directly across from St. James Catholic Church, a well-known landmark that generates strong community foot traffic. This shopping center is a prime opportunity for an owner-occupied business, with the added benefit of generating rental income from additional tenants. Whether you're looking to expand your commercial portfolio or establish your own business in a high-growth area, this property offers exceptional value, proven performance, and long-term upside. This property is truly a prime investment opportunity. Don't miss out. Schedule your private tour today!

Current Use

Commercial: 1 Retail: 1 Warehouse: 1

Business Type

Commercial: 1 Retail: 1

Lot Features

City Lot: 1 Near Beach: 1

Levels

One: 1

Sewer

Public Sewer: 1

Commercial Features

Dumpster: 1 Loading Dock(s): 1 Rest Rooms: 1

Water Source

Public: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Connected: 1 Natural Gas Available: 1 Sewer Connected: 1 Water Connected: 1

Square Footage Description

Retail Bldg Over 5000 SF: 1

Accessibility Features

Accessible Approach with Ramp: 1

Cooling

Central Air: 1

Heating

Central: 1

Foundation Details

Slab: 1

Auction

Auction: No

Roof

Flat: 1

Parking Features

Asphalt: 1 Parking Lot: 1

Basement Features

Basement: No

Price Includes

Building and Land: 1

Disclosures

As Is: 1

Approx Age Code

Older 25+ Years: 1

Uncovered Parking?

1-25 Spaces: 1

Status Change Info

Contract Date/Pending Date: 2025-10-16

Property Features

Business Type: Commercial; Retail Current Use: Commercial; Retail; Warehouse Commercial Features: Dumpster; Loading Dock(s); Rest Rooms Lot Features: City Lot; Near Beach Location: Commercial Retail Levels: One Square Footage Description: Retail Bldg Over 5000 SF Accessibility Features: Accessible Approach with Ramp Cooling: Central Air Heating: Central Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional Roof: Flat Parking Features: Asphalt; Parking Lot Price Includes: Building and Land Disclosures: As Is Approx Age Code: Older 25+ Years
Listing Office: Blaine & Co., LLC
Listing Agent: Matthew A Blaine
Last Updated: March - 30 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.