156 Porter Avenue, Biloxi, MS 39530 (MLS# 4088612)
156 Porter Avenue, Biloxi, MS 39530
$755,000
Property Type:
Commercial Sale
Square Footage:
20,449
Lot Size (sq. ft.):
20,473
Status:
Closed
Current Price:
$869,000
List Date:
8/16/2024
Last Modified:
12/02/2025
Description
Partially Broker owned
Incredible investment opportunity with many recent upgrades/ unit remodels within last two years. Fully rented. Just sit back and collect the cash. This is a no brainer. Ready to view.
More Information MLS# 4088612
Address and Location Information
Nearest Cross Street: Highway 90
Parcel Number: 1310i-01-015.000
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 156
Street Name: Porter
Street Suffix: Avenue
County: Harrison
State: MS
Zip Code: 39530
Subdivision: Metes And Bounds
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2024-08-16
List Price: $869,000
Current Price: $755,000
Property Sub Type: Office
General Property Information
Property Sub Type: Office
New Construction: No
Approx Lot Size Acres: 0.47
Lot Size Dimensions: N/A
Office Square Footage: 11291
SqFt Source: Appraiser
List Price/SqFt: 42.5
Year Built Source: Public Records
Total Floors: 1
Accessibility Features: No
Approx H/C SqFt: 20449
Year Built: 1950
Tax and Financial Information
Tax Annual Amount: 8162.71
Tax Year: 2023
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: Lot 173 ft x 104 ft more or less by Alley E by Lestrade N by Carron W by Porter Ave. Sec. Blk. 167
Remarks & Miscellaneous
Public Remarks: Partially Broker owned
Incredible investment opportunity with many recent upgrades/ unit remodels within last two years. Fully rented. Just sit back and collect the cash. This is a no brainer. Ready to view.
Status Change Info
Sold Price/SqFt: 36.92
Contract Date/Pending Date: 2025-02-19
Closing Date: 2025-04-21
Current Use
Office: 1
Structure Type
Other: 1
Possible Use
Commercial: 1
Income & Expenses
Annual Insurance Expense: 12445.29
Annual Maintenance Expense: 8400
Annual Net Income: 108600
Business Type
Commercial: 1
Levels
One: 1
Commercial Features
Cap Rate: 9.15
Number of Tenants: 6
Showing Requirements
Showing: Appointment Required
Square Footage Description
Ofc. Bldg 10000-50000 SF: 1
Auction
Auction: No
Parking Features
Parking Total: 30
Basement Features
Basement: No
Parking Spaces
# Parking Spaces Uncovered: 30
Uncovered Parking?
26-50 Spaces: 1
Property Features
Business Type: Commercial
Current Use: Office
Possible Use: Commercial
Structure Type: Other
Levels: One
Square Footage Description: Ofc. Bldg 10000-50000 SF
Listing Office:
Berkshire Hathaway HomeServices Preferred Properties
Listing Agent:
Fred Hornsby
Last Updated: December - 02 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.