← Back to search

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.