197 Tegarden Road, Gulfport, MS 39507 (MLS# 4103800)
197 Tegarden Road, Gulfport, MS 39507
$1,950,000
Property Type:
Commercial Sale
Square Footage:
10,247
Lot Size (sq. ft.):
57,499
Status:
Active
Current Price:
$1,950,000
List Date:
2/13/2025
Last Modified:
8/19/2025
Description
Embrace the exciting potential of this multifaceted property, featuring a vibrant bar, restaurant, and pool hall. Just one block off the beach at Teagarden Rd and Hwy 90, this prime location offers an exceptional opportunity for hospitality entrepreneurs. The sale includes the business, building, and all equipment, providing a turnkey investment in a high-traffic area. With its dynamic amenities and strategic positioning, this property is ready to thrive in the heart of the Biloxi-Gulfport market.
More Information MLS# 4103800
Address and Location Information
Nearest Cross Street: Beach Blvd
Parcel Number: 0911a-02-001.001
Directions to Property: From Beach Blvd, go north on Teagarden. Property is located on the left just before the railroad tracks.
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 197
Street Name: Tegarden
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Metes And Bounds
Location
Airport 1-2 Miles: 1
Commercial Retail: 1
US Highway: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2025-02-13
List Price: $1,950,000
Current Price: $1,950,000
Property Sub Type: Business
General Property Information
Property Sub Type: Business
New Construction: No
Approx Lot Size Acres: 1.32
Lot Size Dimensions: 195x318x169x326
SqFt Source: Public Records
List Price/SqFt: 190.3
Year Built Source: Public Records
Total Floors: 1
Accessibility Features: Yes
Approx H/C SqFt: 10247
Year Built: 1995
Tax and Financial Information
Tax Annual Amount: 10768
Tax Year: 2024
Zoning: Commercial
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: BEG 110.9 FT S OF INTER OF CENTER- LINE OF RAILROAD & W MAR OF TEA- GARDEN RD S ALONG TEAGARDEN RD 193.6 FT S 78 DGS W 312.3 FT TO E LINE OF HILL & DOLAN SUBD N ALONG SUBD 166.9 FT TO S MAR OF RAILROAD ST NELY ALONG RD 321.3 FT TO POB PART OF NE1/4 OF NE1/4 OF SEC 1-8-11
Remarks & Miscellaneous
Public Remarks: Embrace the exciting potential of this multifaceted property, featuring a vibrant bar, restaurant, and pool hall. Just one block off the beach at Teagarden Rd and Hwy 90, this prime location offers an exceptional opportunity for hospitality entrepreneurs. The sale includes the business, building, and all equipment, providing a turnkey investment in a high-traffic area. With its dynamic amenities and strategic positioning, this property is ready to thrive in the heart of the Biloxi-Gulfport market.
Possible Use
Bar/Tavern/Lounge: 1
Commercial: 1
Food Service: 1
Restaurant: 1
Retail: 1
Income & Expenses
Annual Electric Expense: 30963
Annual Insurance Expense: 39725
Annual Water/Sewer Expense: 3955
Business Type
Bar/Tavern/Lounge: 1
Commercial: 1
Restaurant: 1
Retail: 1
Lot Features
Corner Lot: 1
Near Beach: 1
Levels
One: 1
Sewer
Public Sewer: 1
Commercial Features
ADA Qualified: 1
Fire Alarm: 1
Fixtures: 1
Security System: 1
Storage Building: 1
Telephone System: 1
Business Included: Yes
Cap Rate: 7.77
Frontage Feet: 195
Number of Restrooms: 3
Traffic Count: 1400
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
VA Loan: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Seating
500-750: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Auction
Auction: No
Basement Features
Basement: No
Price Includes
All Appliances: 1
All Furnishings: 1
Business: 1
Business and Building: 1
Business Name: 1
Equipment: 1
Signage: 1
Additional Transportation
Airport 1-2 Miles: 1
City Street: 1
Property Features
Business Type: Bar/Tavern/Lounge; Commercial; Restaurant; Retail
Possible Use: Bar/Tavern/Lounge; Commercial; Food Service; Restaurant; Retail
Commercial Features: ADA Qualified; Fire Alarm; Fixtures; Security System; Storage Building; Telephone System
Lot Features: Corner Lot; Near Beach
Location: Airport 1-2 Miles; Commercial Retail; US Highway
Levels: One
Square Footage Description: Retail Bldg Over 5000 SF
Seating: 500-750
Cooling: Central Air
Heating: Central
Utilities: Electricity Connected; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional; VA Loan
Additional Transportation: Airport 1-2 Miles; City Street
Price Includes: All Appliances; All Furnishings; Business; Business and Building; Business Name; Equipment; Signage
Listing Office:
Coldwell Banker Alfonso Realty-BIL
Listing Agent:
Kim R Bush
Last Updated: August - 19 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.