831 Highway 90 - Office FOR SALE


Bay Saint Louis, MS 39520
$635,000 USD
228-669-4018
831 Highway 90, Bay Saint Louis, MS for Sale
$635,000 USD
Office - FOR SALE
1/32
null | 8% Cap Rate

831 Highway 90
Bay Saint Louis, MS 39520


OVERVIEW

Fully Leased 3,118 SF Bay St. Louis Medical Office Building– with a 5-Year National Medical Tenant | Forward 9% Cap | Annual Escalations. Turnkey income-producing commercial property in Bay St. Louis, Mississippi, secured by a 5-year lease with a national medical tenant beginning 11/15/2025. The lease includes contractual annual rent increases, delivering an initial 8.00% cap rate and a forward cap approaching 9% by Year 5. The newly renovated 3,118 SF single-tenant building is located just off Highway 90 within a well-established medical and professional office complex adjacent to Ochsner Medical Center. Zoned C-3 (Highway Commercial) with 16 dedicated parking spaces, the property supports medical, professional, and retail office uses while providing strong long-term tenant demand and re-tenanting optionality. Cap Rate schedule: Year 1 – 8.00%, Year 2 – 8.25%, Year 3 – 8.49%, Year 4 – 8.75%, Year 5 – 9%. Detailed Cap Rate schedule attached.

FOR SALE DETAILS

PRICE

$635,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-3

APN/PARCEL ID

137G-0-25-025.004

ASK ABOUT THIS PROPERTY

Carl LaRosaColdwell Banker Commercial Alfonso RealtyMore Info
228-669-4018

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Carl LaRosaColdwell Banker Commercial Alfonso RealtyMore Info
228-669-4018

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