10573 N Hwy 49 Highway, Gulfport, MS 39503
$2,170,000
Property Type:
Commercial Sale
Baths:
4
Square Footage:
6,350
Lot Size (sq. ft.):
56,628
Status:
Active
Current Price:
$2,170,000
List Date:
6/15/2023
Last Modified:
6/15/2023
Description
This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
More Information MLS# 4050502
Address and Location Information
Street Number: 10573
Street Direction: N
Street Name: Hwy 49
Street Suffix: Highway
County: Harrison
State: MS
Zip Code: 39503
Nearest Cross Street: Community Road
Parcel Number: Unassigned
Subdivision: Metes And Bounds
Directions to Property: SW corner of U S Hwy 49 and Community Rd.
N or S of I-10: N
N or S of CSX Railroad Track: N
Listing Information
Status: Active
List Date: 2023-06-13
List Price: $2,170,000
Current Price: $2,170,000
Property Sub Type: Retail
Listing Service: Full Service
New Construction: No
Property Condition: Updated/Remodeled
Co-Op and Commission Information
Buyer Agency Compensation: 4
Buyer Agency Comp Type: %
General Property Information
Approx Lot Size Acres: 1.3
Approx H/C SqFt: 6350
Office Square Footage: 6350
SqFt Source: Plans
List Price/SqFt: 341.73
Divisible: No
Year Built: 2016
Year Built Source: Owner
Total Floors: 1
Bathrooms Total: 4
Bathrooms Half: 4
Accessibility Features: Yes
Tax and Financial Information
Tax Annual Amount: 7116
Tax Year: 2021
Zoning: B4
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: Yes
Leasehold Fee: 31000
16th Section: Yes
Leasehold Fee Increase: Yes
Sold In Previous 12 Months: No
Association: No
Legal Description: On File
Complex Name: West Community Plaza
Remarks & Miscellaneous
Public Remarks: This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
Income & Expenses
Vacancy Factor: 0%
Commercial Features
% Leased: 100
Average Lease Per SqFt: 28
Cap Rate: 8
Auction
Auction: No
Parking Features
Parking Total: 73
Showing Requirements
Showing: Appointment Required
Basement Features
Basement: No
Suite Details
1st Suite Number: A
1st Suite Size: 1200
2nd Suite Number: B
2nd Suite Size: 1500
3rd Suite Number: C
3rd Suite Size: 1650
4th Suite Number: D
4th Suite Size: 2000
Parking Spaces
# Parking Spaces Uncovered: 73
Property Features
Business Type: Restaurant; Retail
Current Use: Retail
Possible Use: Retail
Commercial Features: Employee Restrooms; Rest Rooms
Ceiling Height: 8' - 10.9'
Lot Features: Corner Lot
Location: Airport 1-2 Miles; Commercial Retail; Corner Lot; US Highway
Square Footage Description: Retail Bldg Over 5000 SF
Covenants And Restrictions: Other; See Remarks
Lighting: Fluorescent
Flooring: Ceramic Tile
Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Entrance
Sale Options: Under Lease; See Remarks
Exterior Construction/Siding: Brick Veneer; Metal Siding
Parking Features: Asphalt/Blacktop; Attached; Off Street; On Site; Parking Lot; Paved
Additional Transportation: Airport 1-2 Miles; Interstate 1 Mile or Less
Flood Insurance: Subject to Survey
Price Includes: Ground Lease; See Remarks
Available Documents: Floor Plan(s); Marketing Package; Plat; Rent Roll; Traffic Count
Approx Age Code: Under 10 Years
Uncovered Parking?: 51-100 Spaces
Listing Office: Sawyer Real Estate, Inc. Of Ms.
Listing Agent: Rita Sadler
Last Updated: June - 15 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.