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Turn Key Restaurant Biloxi 119 Rue Magnolia 5,435 SF Retail Building Biloxi, MS 39530 $1,500,000 ($275.99/SF)
EXECUTIVE SUMMARY
Introducing a rare opportunity to own a piece of history in Downtown Biloxi. This 3-story, ±5,435 SF historic building, built in 1849, boasts a prime location with endless potential. Zoned DT (Downtown), the property is perfectly positioned for retail or restaurant investors seeking a thriving commercial hub. The sale includes all furniture, fixtures, and equipment,(excluding artwork) providing a seamless transition for new owners. With its rich heritage and strategic placement, this property offers a distinguished setting for a retail or restaurant establishment. Don't miss the chance to be part of the vibrant Biloxi community with this remarkable investment opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,435 SF
Building Class
C
Year Built
2000
Price
$1,500,000
Price Per SF
$275.99
Tenancy
Single
Building Height
3 Stories
Building FAR
0.44
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
DT - Downtown
Frontage
149’ on Rue Magnolia St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1410K-03-125.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $75,196 |
PROPERTY TAXES
Parcel Number
1410K-03-125.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$75,196
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Turn Key Restaurant Biloxi | 119 Rue Magnolia
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