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12293 Us 49, Gulfport, MS 39503 (MLS# 4058242)

12293 Us 49, Gulfport, MS 39503

$960,000
Property Type: Commercial Sale Square Footage: 8,400 Lot Size (sq. ft.): 53,579 Status: Closed
Current Price: $1,150,000 List Date: 9/08/2023 Last Modified: 11/20/2024

Description

THIS INVESTMENT PROPERTY features an 8,100 square foot building that has been purposed as a restaurant, bar and lounge with a stage for a band, dance area and a covered rear patio. The 2022 MDOT traffic count on HWY 49 at this location was 44,000 vehicles at site I.D. #240140. The dinning area is equipped with booth tables and adjacent to the dinning area, the restaurant features a large wet bar, which is equipped with a numerous tap keg system, 6 beer coolers and a wine or miscellaneous beverage cooler. In the commercial kitchen, there is a large walk-in cooler, 2 large free standing coolers and a large free standing freezer. The fryers and grilling system, has a commercial vent hood, which is equipped with a fire suppression system. The building is also equipped with a monitored FIRE SPRINKLER SYSTEM and an ONAN DIESEL POWERED GENERATOR fueled by natural gas, which will power the building in the event of an electrical power outage. This prime location is just 4.6 miles from Gulfport-Biloxi International Airport, the Property has great potential for many redevelopment uses. On the south side of the building, there is the potential for a loading dock since the building is approximately 4 feet in elevation. Also nearby, and less than 7.6 miles to the Property's south, is the Port of Gulfport; which is the Gulf of Mexico's third largest container seaport in the United States.

More Information MLS# 4058242

Address and Location Information

Nearest Cross Street: O'Neal Road Parcel Number: 0808d-04-009.000 Directions to Property: Drive 2.4 miles north on US 49 from Interstate 10, make a U-turn and travel south on US 49 for 700 feet and then turn right into the parking lot. N or S of I-10: N N or S of CSX Railroad Track: N Community Of: Orange Grove Street Number: 12293 Street Name: Us 49 County: Harrison State: MS Zip Code: 39503 Subdivision: Metes And Bounds

Location

Airport 3+ Miles: 1 Central Business District: 1 Commercial Retail: 1 US Highway: 1

Listing Information

Listing Service: Full Service Status: Closed List Date: 2023-09-06 List Price: $1,150,000 Current Price: $960,000 Property Sub Type: Business

General Property Information

Property Sub Type: Business New Construction: No Approx Lot Size Acres: 1.23 Lot Size Dimensions: 231 X 163 X 102 X 133 X 147 X 300 SqFt Source: Owner List Price/SqFt: 136.9 Divisible: No Year Built Source: Owner Total Floors: 1 Accessibility Features: Yes Approx H/C SqFt: 8400 Year Built: 2010

Tax and Financial Information

Tax Annual Amount: 9420 Tax Year: 2022 Zoning: B4 Flood Insurance Required?: No Leasehold Y/N: No Legal Description: BEG 218.3 FT E & 144 FT N OF SW COR OF NW 1/4 OF SEC 4 N 6 DGS W 143 FT E 225.7 FT TO WLY MAR OF HWY 49 SLY ALONG HWY 138.1 FT N 88 DGS W 226.5 FT TO POB PART OF SW 1/4 OF NW 1/4 OF SEC 4-7-11

Remarks & Miscellaneous

Public Remarks: THIS INVESTMENT PROPERTY features an 8,100 square foot building that has been purposed as a restaurant, bar and lounge with a stage for a band, dance area and a covered rear patio. The 2022 MDOT traffic count on HWY 49 at this location was 44,000 vehicles at site I.D. #240140. The dinning area is equipped with booth tables and adjacent to the dinning area, the restaurant features a large wet bar, which is equipped with a numerous tap keg system, 6 beer coolers and a wine or miscellaneous beverage cooler. In the commercial kitchen, there is a large walk-in cooler, 2 large free standing coolers and a large free standing freezer. The fryers and grilling system, has a commercial vent hood, which is equipped with a fire suppression system. The building is also equipped with a monitored FIRE SPRINKLER SYSTEM and an ONAN DIESEL POWERED GENERATOR fueled by natural gas, which will power the building in the event of an electrical power outage. This prime location is just 4.6 miles from Gulfport-Biloxi International Airport, the Property has great potential for many redevelopment uses. On the south side of the building, there is the potential for a loading dock since the building is approximately 4 feet in elevation. Also nearby, and less than 7.6 miles to the Property's south, is the Port of Gulfport; which is the Gulf of Mexico's third largest container seaport in the United States.

Status Change Info

Sold Price/SqFt: 114.29 Contract Date/Pending Date: 2024-04-27 Closing Date: 2024-06-06

Current Use

Vacant: 1

Possible Use

Bar/Tavern/Lounge: 1 Barber/Beauty: 1 Commercial: 1 Development: 1 Food Service: 1 Industrial: 1 Investment: 1 Manufacturing: 1 Medical/Dental: 1 Office: 1 Place of Worship: 1 Restaurant: 1 Retail: 1 Subdevelopment: 1 Warehouse: 1

Income & Expenses

See Remarks: 1

Business Type

Bar/Tavern/Lounge: 1 Commercial: 1 Distribution: 1 Distribution Warehouse: 1 Food & Beverage: 1 Food Service: 1 General Business: 1 Professional Service: 1 Professional/Office: 1 Real Estate: 1 Restaurant: 1 Retail: 1

Levels

One: 1

Commercial Features

220 Volt Power: 1 440 Volt Power: 1 ADA Qualified: 1 Dock Height Loading: 1 Fire Alarm: 1 Fire Sprinkler System: 1 Inside Storage: 1 Security System: 1 Smoke Detector(s): 1 Storage Building: 1 Traffic Count: 44000

Water Source

Public: 1

Listing Terms

Cash: 1 Conventional: 1

Showing Requirements

Showing: Show Any Time Appointment Phone: 2282162670 Lockbox Location: Front Door

Walls - Interior

Sheetrock: 1

Square Footage Description

Industrial Bldg Over 5000 SF: 1 Ofc. Bldg 5000-10000 SF: 1 Retail Bldg 2500-5000 SF: 1 Retail Bldg Over 5000 SF: 1 Warehouse 5000-20000 SF: 1

Seating

300-399: 1

Expenses Include

Electric: 1 Gas: 1 Insurance: 1 Licenses: 1 Taxes: 1 Trash Removal: 1 Water/Sewer: 1

Accessibility Features

Accessible Approach with Ramp: 1 Accessible Parking: 1

Auction

Auction: No

Driveway Features

Paved Drive: 1

Parking Features

Parking Total: 81 Asphalt: 1 On Site: 1 Parking Lot: 1

Basement Features

Basement: No

Water Heater

Tankless: 1 Two or More: 1

Price Includes

All Appliances: 1 All Equipment: 1 All Furnishings: 1 Building and Land: 1 Equipment: 1

Available Documents

Land Survey: 1

Additional Transportation

Airport 3+ Miles: 1 US Highway: 1

Approx Age Code

Unknown: 1

Parking Spaces

# Parking Spaces Uncovered: 81

Uncovered Parking?

51-100 Spaces: 1

Property Features

Business Type: Bar/Tavern/Lounge; Commercial; Distribution; Distribution Warehouse; Food & Beverage; Food Service; General Business; Professional Service; Professional/Office; Real Estate; Restaurant; Retail Current Use: Vacant Possible Use: Bar/Tavern/Lounge; Barber/Beauty; Commercial; Development; Food Service; Industrial; Investment; Manufacturing; Medical/Dental; Office; Place of Worship; Restaurant; Retail; Subdevelopment; Warehouse Commercial Features: 220 Volt Power; 440 Volt Power; ADA Qualified; Dock Height Loading; Fire Alarm; Fire Sprinkler System; Inside Storage; Security System; Smoke Detector(s); Storage Building Location: Airport 3+ Miles; Central Business District; Commercial Retail; US Highway Levels: One Square Footage Description: Industrial Bldg Over 5000 SF; Ofc. Bldg 5000-10000 SF; Retail Bldg 2500-5000 SF; Retail Bldg Over 5000 SF; Warehouse 5000-20000 SF Seating: 300-399 Expenses Include: Electric; Gas; Insurance; Licenses; Taxes; Trash Removal; Water/Sewer Walls - Interior: Sheetrock Accessibility Features: Accessible Approach with Ramp; Accessible Parking Water Source: Public Listing Terms: Cash; Conventional Driveway Features: Paved Drive Parking Features: Asphalt; On Site; Parking Lot Additional Transportation: Airport 3+ Miles; US Highway Water Heater: Tankless; Two or More Price Includes: All Appliances; All Equipment; All Furnishings; Building and Land; Equipment Available Documents: Land Survey Approx Age Code: Unknown
Listing Office: DDC Properties, LLC
Listing Agent: David M Cameron
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.