156 Camellia St - Freestanding FOR SALE


Biloxi, MS 39531
$4,250,000 USD
228-236-5531
156 Camellia St, Biloxi, MS for Sale
$4,250,000 USD
Freestanding - FOR SALE
1/95
null | 8% Cap Rate

156 Camellia St
Biloxi, MS 39531


HIGHLIGHTS

  • Large operating Venue for concerts and events.
  • Six stunning short term rentals!
  • Eight Private office suites!
  • 1.2 Acres of commercial land with ample space and parking.

OVERVIEW

Loan or Cash purchase. The Sanctuary is a meticulously restored historic property located in downtown Biloxi, MS, blending historic charm with modern versatility. Set on 1.2 acres just off the beach, the property comprises a premier event venue, six custom-themed Airbnb guest suites, and eight leased commercial office spaces, creating an exceptional investment opportunity. The venue features a grand main hall with state-of-the-art lighting and sound, ideal for weddings, live music, and corporate gatherings. Additional amenities include ample parking, outdoor event space, a full kitchen, and multiple lounge areas. Generating revenue from office rentals, short-term stays, and event bookings, this property offers consistent cash flow and projected strong income growth. With proximity to entertainment, dining, casinos, and Beach Blvd, this listing presents a distinctive, income-producing asset in a vibrant coastal market.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$318 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Theatre/Concert Hall

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

-

APN/PARCEL ID

1210K-02-043.000

ASK ABOUT THIS PROPERTY

Bradley KeeseeeeAgent Gulf CoastMore Info
228-236-5531

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Bradley KeeseeeeAgent Gulf CoastMore Info
228-236-5531

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