10573 N Hwy 49 Highway, Gulfport, MS 39503 (MLS# 4050502)
10573 N Hwy 49 Highway, Gulfport, MS 39503
$2,170,000
Property Type:
Commercial Sale
Square Footage:
6,350
Lot Size (sq. ft.):
56,628
Status:
Active
Current Price:
$2,170,000
List Date:
6/15/2023
Last Modified:
5/29/2025
Description
This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
More Information MLS# 4050502
Address and Location Information
Nearest Cross Street: Community Road
Parcel Number: Unassigned
Directions to Property: SW corner of U S Hwy 49 and Community Rd.
N or S of I-10: N
N or S of CSX Railroad Track: N
Street Number: 10573
Street Direction: N
Street Name: Hwy 49
Street Suffix: Highway
County: Harrison
State: MS
Zip Code: 39503
Subdivision: Metes And Bounds
Location
Airport 1-2 Miles: 1
City: 1
Commercial Retail: 1
Corner Lot: 1
US Highway: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2023-06-13
List Price: $2,170,000
Current Price: $2,170,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Property Condition: Updated/Remodeled
Approx Lot Size Acres: 1.3
Office Square Footage: 6350
SqFt Source: Plans
List Price/SqFt: 341.73
Divisible: No
Year Built Source: Owner
Total Floors: 1
Bathrooms Half: 4
Accessibility Features: Yes
Approx H/C SqFt: 6350
Year Built: 2016
Tax and Financial Information
Tax Annual Amount: 7116
Tax Year: 2021
Zoning: B4
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: Yes
Leasehold Fee: 31000
16th Section: Yes
Leasehold Fee Increase: Yes
Sold In Previous 12 Months: No
Association: No
Legal Description: On File
Complex Name: West Community Plaza
Remarks & Miscellaneous
Public Remarks: This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
Current Use
Retail: 1
Possible Use
Retail: 1
Income & Expenses
Vacancy Factor: 0%
Business Type
Restaurant: 1
Retail: 1
Lot Features
Corner Lot: 1
Covenants And Restrictions
Other: 1
See Remarks: 1
Commercial Features
Employee Restrooms: 1
Rest Rooms: 1
% Leased: 100
Average Lease Per SqFt: 28
Cap Rate: 8
Showing Requirements
Showing: Appointment Required
Ceiling Height
8' - 10.9': 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Flooring
Ceramic Tile: 1
Accessibility Features
Accessible Common Area: 1
Accessible Doors: 1
Accessible Entrance: 1
Sale Options
Under Lease: 1
See Remarks: 1
Auction
Auction: No
Exterior Construction/Siding
Brick Veneer: 1
Metal Siding: 1
Parking Features
Parking Total: 73
Asphalt: 1
Attached: 1
Off Street: 1
On Site: 1
Parking Lot: 1
Paved: 1
Lighting
Fluorescent: 1
Basement Features
Basement: No
Flood Insurance
Subject to Survey: 1
Price Includes
Ground Lease: 1
See Remarks: 1
Available Documents
Floor Plan(s): 1
Marketing Package: 1
Plat: 1
Rent Roll: 1
Traffic Count: 1
Additional Transportation
Airport 1-2 Miles: 1
Interstate 1 Mile or Less: 1
Approx Age Code
Under 10 Years: 1
Parking Spaces
# Parking Spaces Uncovered: 73
Uncovered Parking?
51-100 Spaces: 1
Suite Details
1st Suite Number: A
1st Suite Size: 1200
2nd Suite Number: B
2nd Suite Size: 1500
3rd Suite Number: C
3rd Suite Size: 1650
4th Suite Number: D
4th Suite Size: 2000
Property Features
Business Type: Restaurant; Retail
Current Use: Retail
Possible Use: Retail
Commercial Features: Employee Restrooms; Rest Rooms
Ceiling Height: 8' - 10.9'
Lot Features: Corner Lot
Location: Airport 1-2 Miles; Commercial Retail; Corner Lot; US Highway
Square Footage Description: Retail Bldg Over 5000 SF
Covenants And Restrictions: Other; See Remarks
Lighting: Fluorescent
Flooring: Ceramic Tile
Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Entrance
Sale Options: Under Lease; See Remarks
Parking Features: Asphalt; Attached; Off Street; On Site; Parking Lot; Paved
Additional Transportation: Airport 1-2 Miles; Interstate 1 Mile or Less
Flood Insurance: Subject to Survey
Price Includes: Ground Lease; See Remarks
Available Documents: Floor Plan(s); Marketing Package; Plat; Rent Roll; Traffic Count
Approx Age Code: Under 10 Years
Rent Roll 2023 ›
Listing Office:
Sawyer Real Estate, Inc. Of Ms.
Listing Agent:
Rita G Sadler
Last Updated: May - 29 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.