137 Main St - Storefront Retail/Office FOR SALE


Bay Saint Louis, MS 39520
$2,200,000 USD
404-259-2687
137 Main St, Bay Saint Louis, MS for Sale
$2,200,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | Request Cap Rate

137 Main St
Bay Saint Louis, MS 39520


HIGHLIGHTS

  • High visbiility

OVERVIEW

- Prime Historic downtown mixed-use building with 4 units currently - barbershop, retail and/or office space, a one bedroom / one bathroom apartment - Currently 3 of the 4 units are leased (retail spaces and barbershop) offering partial owner occupancy or full owner occupancy opportunities, or opportunity to lease the residential unit and downstairs space at your flexibility - Can be built out for more units, multiple flexible spaces - tenants are flexible to stay and provide passive income, or move out for new owner occupancy Investment Highlights:  Prime downtown location in the center of Bay St. Louis retail district  Corner lot with high pedestrian visibility  Historic 1936 building – original town post office  Major renovation completed in 2011  New roof installed in 2020  6,661 square feet across three floors  Nearly fully leased with established local tenants  Flexible retail and service suite layouts  Two blocks from beach and marina  Tenant paid utilities  Rare basement with dual exterior access On site Parking  Opportunity for both investors and potential owner occupiers

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

C-1

APN/PARCEL ID

149L-0-29-024.000

ASK ABOUT THIS PROPERTY

Christy LeBlancThree Rivers Development Group, LLCMore Info
404-259-2687

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Christy LeBlancThree Rivers Development Group, LLCMore Info
404-259-2687

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.