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13131 Hwy 603, Bay Saint Louis, MS 39520 (MLS# 4037310)

13131 Hwy 603, Bay Saint Louis, MS 39520

$3,275,000
Property Type: Commercial Sale Square Footage: 29,919 Lot Size (sq. ft.): 6,534,000 Status: Closed
Current Price: $3,860,000 List Date: 1/17/2023 Last Modified: 11/20/2024

Description

Three-story office building situated on 3 acres + 147 acres included in listing price. 23 acres shovel ready. Building is 90% occupied. Excellent highly-visible location.

More Information MLS# 4037310

Address and Location Information

Nearest Cross Street: I-10 Parcel Number: 133-0-07-004.001 Directions to Property: N on Bay St. Louis exit to Hwy 603 from I-10 east or west. N or S of I-10: N N or S of CSX Railroad Track: N Street Number: 13131 Street Name: Hwy 603 County: Hancock State: MS Zip Code: 39520

Location

Airport 1 Mile or Less: 1 State Highway: 1

Listing Information

Listing Service: Full Service Never Occupied: No Status: Closed List Date: 2023-01-17 List Price: $3,860,000 Current Price: $3,275,000 Property Sub Type: Office

General Property Information

Property Sub Type: Office New Construction: No Approx Lot Size Acres: 150 Lot Size Dimensions: 0 SqFt Source: Owner List Price/SqFt: 129.02 Year Built Source: Owner Total Floors: 3 Accessibility Features: Yes Approx H/C SqFt: 29919 Year Built: 2007

Tax and Financial Information

Tax Annual Amount: 85768 Tax Year: 2021 Zoning: C3 Flood Insurance Required?: Subject to Survey Leasehold Y/N: No Association: No Legal Description: See listing agent

Remarks & Miscellaneous

Public Remarks: Three-story office building situated on 3 acres + 147 acres included in listing price. 23 acres shovel ready. Building is 90% occupied. Excellent highly-visible location.

Status Change Info

Sold Price/SqFt: 109.46 Contract Date/Pending Date: 2023-03-24 Closing Date: 2024-02-22

Current Use

Office: 1

Possible Use

Commercial: 1 Investment: 1

Income & Expenses

Annual Electric Expense: 37594 Annual Insurance Expense: 37615 Annual Management Expense: 38385 Annual Net Income: 117000 Annual Operating Expenses: 225501 Gross Operating Income: 342910

Business Type

Accounting: 1 Administrative and Support: 1 Advertising: 1 Financial: 1 Professional Service: 1 Professional/Office: 1

Lot Features

Corner Lot: 1

Sewer

Public Sewer: 1

Commercial Features

220 Volt Power: 1 ADA Qualified: 1 Elevator(s): 1 Fiber Optic Available: 1 Public Restroom(s): 1 Security System: 1 Smoke Detector(s): 1 Telephone System: 1

Water Source

Public: 1

Listing Terms

Cash: 1

Showing Requirements

Showing: Appointment Required Appointment Phone: 2282336720

Square Footage Description

Ofc. Bldg 10000-50000 SF: 1

Auction

Auction: No

Parking Features

Outside: 1

Basement Features

Basement: No

Additional Transportation

Interstate 1 Mile or Less: 1 Interstate Frontage: 1 Paved: 1 State Highway: 1

Property Features

Business Type: Accounting; Administrative and Support; Advertising; Financial; Professional Service; Professional/Office Current Use: Office Possible Use: Commercial; Investment Commercial Features: 220 Volt Power; ADA Qualified; Elevator(s); Fiber Optic Available; Public Restroom(s); Security System; Smoke Detector(s); Telephone System Lot Features: Corner Lot Location: Airport 1 Mile or Less; State Highway Square Footage Description: Ofc. Bldg 10000-50000 SF Sewer: Public Sewer Water Source: Public Listing Terms: Cash Parking Features: Outside Additional Transportation: Interstate 1 Mile or Less; Interstate Frontage; Paved; State Highway
Listing Office: Sawyer Real Estate, Inc. Of Ms.
Listing Agent: Brian P Bolis
Last Updated: November - 20 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.