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1402 Pass Rd
Gulfport, MS 39501
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Three large units can be split for increased rent yield.
- Modern revitalization in 2018 with focus on design appeal.
- Bank construction with hurricane rated windows.
EXECUTIVE SUMMARY
THIS IMPRESSIVE COMMERCIAL OFFICE BUILDING, formerly the Elliott Homes headquarters, offers exceptional visibility with a traffic count of 11,000 to 15,000 vehicles per day. Updated with modern features in 2018, including a newly constructed rear section, the property boasts 16 private offices, 6 private cubicle offices, an XL conference room (16 seat capacity), a medium conference room (6-8 seat capacity), a unique medium/small conference room in the vault (5 seat capacity), a kitchen, 4 updated/new bathrooms, 2 elegant front reception areas, a small rear reception area, 7 storage closets/areas, and 40+ parking spaces, making it an ideal opportunity for a variety of professional businesses seeking a well-appointed and highly accessible location. Property can be three separate retail/office spaces since each have their own exterior doors and parking.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
6,699 SF
Building Class
C
Year Built
1955
Price
$799,900
Price Per SF
$119.41
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.76 AC
Zoning
T5 Commercial - The T5 URBAN CENTER zone consists of higher density, mixed-use building types that accommodate retail, offices, & apartments. (MS SmartCode)
Parking
43 Spaces (6.42 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 0811B-01-019.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $49,914 |
PROPERTY TAXES
Parcel Number
0811B-01-019.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$49,914
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