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137 Main St 6,662 SF 100% Leased Retail Building Bay Saint Louis, MS 39520 $2,200,000 ($330.23/SF)
Investment Highlights
- High visbiility
Executive Summary
Investment Highlights:
Prime downtown location in the center of Bay St. Louis retail district
Corner lot with high pedestrian visibility
Historic 1936 building – original town post office
Major renovation completed in 2011
New roof installed in 2020
6,661 square feet across three floors
Nearly fully leased with established local tenants
Flexible retail and service suite layouts
Two blocks from beach and marina
Tenant paid utilities
Rare basement with dual exterior access
On site Parking
Opportunity for both investors and potential owner occupiers
Prime downtown location in the center of Bay St. Louis retail district
Corner lot with high pedestrian visibility
Historic 1936 building – original town post office
Major renovation completed in 2011
New roof installed in 2020
6,661 square feet across three floors
Nearly fully leased with established local tenants
Flexible retail and service suite layouts
Two blocks from beach and marina
Tenant paid utilities
Rare basement with dual exterior access
On site Parking
Opportunity for both investors and potential owner occupiers
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,600
|
$14.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,600
|
$14.95
|
| Taxes |
$9,800
|
$1.47
|
| Operating Expenses |
$6,000
|
$0.90
|
| Total Expenses |
$15,800
|
$2.37
|
| Net Operating Income |
$83,800
|
$12.58
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $99,600 |
| Annual Per SF | $14.95 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,600 |
| Annual Per SF | $14.95 |
| Taxes | |
|---|---|
| Annual | $9,800 |
| Annual Per SF | $1.47 |
| Operating Expenses | |
|---|---|
| Annual | $6,000 |
| Annual Per SF | $0.90 |
| Total Expenses | |
|---|---|
| Annual | $15,800 |
| Annual Per SF | $2.37 |
| Net Operating Income | |
|---|---|
| Annual | $83,800 |
| Annual Per SF | $12.58 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,662 SF
Building Class
C
Year Built/Renovated
1936/2020
Price
$2,200,000
Price Per SF
$330.23
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.51
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
C-1 - Located in C-1- Central Business District
Amenities
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
- Backup Power / Generators
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fairly Local
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fairly Local | Retailer | - | - | - |
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Three Rivers Development Group, LLC
137 Main St
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