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1223 Government St 4,400 SF Retail Building Ocean Springs, MS 39564 $1,500,000 ($340.91/SF)
INVESTMENT HIGHLIGHTS
- In the Heart of Downtown Ocean Springs
- Surrounded by new developments
- Dedicated Parking
EXECUTIVE SUMMARY
Rare opportunity to acquire in the heart of Downtown Ocean Springs!! This property is occupied by the well-known Phoenicia Gourmet restaurant which has been operating here for decades. Property has its own dedicated parking on 2 sides and surrounded by the tremendous growth of this area. Here's your opportunity to be a part of that surge.
Contact agent for existing lease terms and please do not disturb the tenant.
Contact agent for existing lease terms and please do not disturb the tenant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
B
Year Built/Renovated
1955/2006
Price
$1,500,000
Price Per SF
$340.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.21 AC
Zoning
C - Commercial
Parking
7 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
116’ on Government Street
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6-01-19-480.000 | Improvements Assessment | $30,411 |
| Land Assessment | $19,994 | Total Assessment | $50,405 |
PROPERTY TAXES
Parcel Number
6-01-19-480.000
Land Assessment
$19,994
Improvements Assessment
$30,411
Total Assessment
$50,405
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1223 Government St
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