1705 Government Street, Ocean Springs, MS 39564 (MLS# 4127827)

1705 Government Street, Ocean Springs, MS 39564

$784,000

Virtual Tour

https://www.propertypanorama.com/1705-Government-Street-Ocean-Springs-MS-39564--4127827/unbranded

Property Type: Commercial Sale Bedrooms: 3 Square Footage: 1,620 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $784,000 List Date: 3/04/2026 Last Modified: 8/20/2026

Overview

Description

THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use wit ... (Read more) THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use with the City of Ocean Springs. CURRENT INCOME-PRODUCING USE: Continue operating the furnished 3BR/2BA short-term rental known as "Mona Lisa," or evaluate the property for an alternative commercial or mixed-use concept. Its Government Street location, commercial frontage, walkability and on-site parking distinguish it from typical residential vacation-rental properties. THE PROPERTY: Originally built in 1910 and extensively renovated since that time, this approximately 1,620 SF property combines historic character with modern finishes, including high ceilings, granite countertops and smart-home features. Dedicated on-site parking accommodates approximately five vehicles—an especially valuable feature in the downtown district. Convenient to downtown dining, boutiques, entertainment, festivals and nightlife. Public water, sewer and electric available. Whether considered as a furnished vacation rental, live-work property, commercial investment, redevelopment opportunity or long-term downtown land holding, 1705 Government Street offers an unusually broad range of potential strategies. Buyer and/or his agent to verify all information material to buyer, including zoning, permitted uses, STR regulations, licensing, flood-zone status, square footage, parking capacity and redevelopment potential. Showings by appointment only.

Listing Details MLS# 4127827

General Property Information

Approx Lot Size Acres: 0.1
Lot Size Dimensions: 55.0 X 130.0
Approx H/C SqFt: 1620
SqFt Source: Public Records
List Price/SqFt: 483.95
Year Built Known: Yes
Divisible: No
Year Built: 1910
Year Built Source: Public Records
Total Floors: Yes
Bedrooms Total: 3
Bathrooms Full: 2
School District: Ocean Springs Dist
Accessibility Features: No
Property Sub Type: Other
New Construction: No
Property Condition: Updated/Remodeled
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Current Use: Investment; Other; See Remarks Possible Use: Commercial; Food Service; Investment; Residential; Restaurant; Retail; Other; See Remarks Structure Type: House Lot Features: Fenced Location: Central Business District; Commercial Retail; Downtown; Office Building Levels: One Walls - Interior: Wood Flooring: Combination; Laminate; Simulated Wood; Wood Cooling: Central Air; Electric Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected Sewer: Public Sewer Water Source: Public Foundation Details: Pilings/Steel/Wood Listing Terms: Cash Exterior Features: Private Yard Driveway Features: Concrete Drive; Turnaround Drive Parking Features: See Remarks Showing Requirements: Other Disclosures: As Is

Address and Location Information

Street Number: 1705
Street Name: Government
Street Suffix: Street
County: Jackson
State: MS
Zip Code: 39564
Nearest Cross Street: Denny Avenue, Martin Luther King
Parcel Number: 6-15-90-036.000
Subdivision: Weed Davis
Directions to Property: From the intersection of Washington and Government streets head east app. .4 miles. Property is located on left (north) side of Government Street just past Denny Street intersection.
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Property Sub Type: Other
Listing Service: Full Service
Never Occupied: No

Tax and Financial Information

Tax Annual Amount: 2330
Tax Year: 2024
Zoning: Overlay District
Flood Insurance Required?: No
Leasehold Y/N: No
Sold In Previous 12 Months: No
Legal Description: THE S 82' LOT 6 & W 4'6'X82' OF LOT 5 WEED & DAVIS ADD DB 1801-175 (73M MAP784.19-04)

Auction

Auction: No

More Information

Parking Features

Parking Total: 4
See Remarks: Yes

Showing Requirements

Showing: Appointment Required
Appointment Phone: 662.637.7322
Other: Yes

Basement Features

Basement: No

Parking Spaces

# Parking Spaces Uncovered: 4

Location

Central Business District: Yes
Commercial Retail: Yes
Downtown: Yes
Office Building: Yes

Remarks & Miscellaneous

Public Remarks: THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use with the City of Ocean Springs. CURRENT INCOME-PRODUCING USE: Continue operating the furnished 3BR/2BA short-term rental known as "Mona Lisa," or evaluate the property for an alternative commercial or mixed-use concept. Its Government Street location, commercial frontage, walkability and on-site parking distinguish it from typical residential vacation-rental properties. THE PROPERTY: Originally built in 1910 and extensively renovated since that time, this approximately 1,620 SF property combines historic character with modern finishes, including high ceilings, granite countertops and smart-home features. Dedicated on-site parking accommodates approximately five vehicles—an especially valuable feature in the downtown district. Convenient to downtown dining, boutiques, entertainment, festivals and nightlife. Public water, sewer and electric available. Whether considered as a furnished vacation rental, live-work property, commercial investment, redevelopment opportunity or long-term downtown land holding, 1705 Government Street offers an unusually broad range of potential strategies. Buyer and/or his agent to verify all information material to buyer, including zoning, permitted uses, STR regulations, licensing, flood-zone status, square footage, parking capacity and redevelopment potential. Showings by appointment only.

Current Use

Investment: Yes
Other: Yes
See Remarks: Yes

Structure Type

House: Yes

Possible Use

Commercial: Yes
Food Service: Yes
Investment: Yes
Residential: Yes
Restaurant: Yes
Retail: Yes
Other: Yes
See Remarks: Yes

Lot Features

Fenced: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes

Walls - Interior

Wood: Yes

Flooring

Combination: Yes
Laminate: Yes
Simulated Wood: Yes
Wood: Yes

Cooling

Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Pilings/Steel/Wood: Yes

Exterior Features

Private Yard: Yes

Driveway Features

Concrete Drive: Yes
Turnaround Drive: Yes

Disclosures

As Is: Yes

Documents

Public Land Ownership Record ›

Jackson County Tax Record ›

Listing Office: Real Broker, LLC.

Listing Agent: Justin W McPhail

Last Updated: August - 20 - 2026

1705 Government Street, Ocean Springs, MS 39564 (MLS# 4127827)