204 Courthouse Road Active Save Request In-Person Tour Request Virtual Tour
Gulfport,MS 39507
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,387 sqft
Price per Sqft $117
Subdivision Metes And Bounds
MLS Listing ID 4113949
Half Baths 5
Year Built 1990
Annual Tax Amount $6,422
Lot Size 0.370 Acres
Property Sub-Type Other
Property Description
EXCELLENT OPPORTUNITY!! CAP RATE IS 8.1 Fully occupied AND very well maintained 5 tenant Strip Center in an upscale area on Courthouse Road near the beach. Very good cash flow . Leases in place through mid to end of 2027 Very popular location, suites stay 100% rented. Not in a flood zone
Rents total $5700/month
Tenants pay all utilities, and CAM
Owner pays taxes and insurance ($9198) On attached survey 204 Courthouse is Parcel A
Location
State MS
County Harrison
Interior
Heating Central,Electric
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Building
Lot Description Corner Lot,Near Beach
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No