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281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
281 Oak Street
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$439,000

281 Oak Street

7,344 Sq.Ft.

Description

Prime Commercial Investment Opportunity on Oak Street - High Visibility, Income-Producing Property

Located at the intersection of Oak Street and Division Street--just steps from Hwy 90 and directly across from LeBakery--this well-maintained commercial building offers excellent exposure and consistent income potential.

The property features 5 units, each approximately 1,250 square feet. Currently, 4 units are occupied, with three units (A, B, C) combined into one functional space and leased with a lease that ends 12/2027. Unit D is currently rented month to month as lease has ended. Working on the new lease @ $650.00 per month for this unit. Unit E is vacant. Each unit comes with 1 bathroom each. The building boasts a metal roof, recently updated A/C systems, and ample frontage in a high-traffic area.

With a current monthly income of $3,300, this property is a solid addition to any investment portfolio. Ideal for retail, office, or service-based businesses, and surrounded by established commercial neighbors. Please note: the adjacent gas station is not included in this sale.

Don't miss this chance to own a versatile and income-generating property in a sought-after location!

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Location

281 Oak Street, Biloxi, MS 39530

Status

For Sale
Sherry  Moxley Nelson

Sherry Moxley Nelson

TITLE

Lead Agent | Real Estate Advisor

PHONE

706.833.0123

Property Amenities

Interior
Flooring Concrete, Vinyl
Area & Lot
Lot Area 0.47 Acres
Living area 7,344 Sq.Ft.
MLS® ID 4118801
Year Built 2003
Type Commercial
Status For Sale
Exterior
Stories 1
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Parking Concrete
Roof Metal
Utilities Electricity Connected, Water Connected
Finance
Sales Price $439,000
Real Estate Tax $425 yearly

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Thank you for your interest in 281 Oak Street, Biloxi, MS 39530. We are reviewing your request and will be in touch shortly!

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