Business HoursMon-Fri: 9PM-5PM | Sat: 9AM-1PM
Offices418 HWY 90 Waveland, MS 39576
$2,170,000
Gulfport, MS 39503
MLS# 4050502
6350 sqft
1 / 1
Property Description
This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
Details
Maps
Documents
Address and Location Information
Nearest Cross Street: Community Road
Parcel Number: Unassigned
Directions to Property: SW corner of U S Hwy 49 and Community Rd.
N or S of I-10: N
N or S of CSX Railroad Track: N
Street Number: 10573
Street Direction: N
Street Name: Hwy 49
Street Suffix: Highway
County: Harrison
State: MS
Zip Code: 39503
Subdivision: Metes And Bounds
Location
Airport 1-2 Miles: 1
City: 1
Commercial Retail: 1
Corner Lot: 1
US Highway: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2023-06-13
List Price: $2,170,000
Current Price: $2,170,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Property Condition: Updated/Remodeled
Approx Lot Size Acres: 1.3
Office Square Footage: 6350
SqFt Source: Plans
List Price/SqFt: 341.73
Divisible: No
Year Built Source: Owner
Total Floors: 1
Bathrooms Half: 4
Accessibility Features: Yes
Approx H/C SqFt: 6350
Year Built: 2016
Tax and Financial Information
Tax Annual Amount: 7116
Tax Year: 2021
Zoning: B4
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: Yes
Leasehold Fee: 31000
16th Section: Yes
Leasehold Fee Increase: Yes
Sold In Previous 12 Months: No
Association: No
Legal Description: On File
Complex Name: West Community Plaza
Remarks & Miscellaneous
Public Remarks: This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
Current Use
Retail: 1
Possible Use
Retail: 1
Income & Expenses
Vacancy Factor: 0%
Business Type
Restaurant: 1
Retail: 1
Lot Features
Corner Lot: 1
Covenants And Restrictions
Other: 1
See Remarks: 1
Commercial Features
Employee Restrooms: 1
Rest Rooms: 1
% Leased: 100
Average Lease Per SqFt: 28
Cap Rate: 8
Showing Requirements
Showing: Appointment Required
Ceiling Height
8' - 10.9': 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Flooring
Ceramic Tile: 1
Accessibility Features
Accessible Common Area: 1
Accessible Doors: 1
Accessible Entrance: 1
Sale Options
Under Lease: 1
See Remarks: 1
Auction
Auction: No
Exterior Construction/Siding
Brick Veneer: 1
Metal Siding: 1
Parking Features
Parking Total: 73
Asphalt: 1
Attached: 1
Off Street: 1
On Site: 1
Parking Lot: 1
Paved: 1
Lighting
Fluorescent: 1
Basement Features
Basement: No
Flood Insurance
Subject to Survey: 1
Price Includes
Ground Lease: 1
See Remarks: 1
Available Documents
Floor Plan(s): 1
Marketing Package: 1
Plat: 1
Rent Roll: 1
Traffic Count: 1
Additional Transportation
Airport 1-2 Miles: 1
Interstate 1 Mile or Less: 1
Approx Age Code
Under 10 Years: 1
Parking Spaces
# Parking Spaces Uncovered: 73
Uncovered Parking?
51-100 Spaces: 1
Suite Details
1st Suite Number: A
1st Suite Size: 1200
2nd Suite Number: B
2nd Suite Size: 1500
3rd Suite Number: C
3rd Suite Size: 1650
4th Suite Number: D
4th Suite Size: 2000
Property Features
Business Type: Restaurant; Retail
Current Use: Retail
Possible Use: Retail
Commercial Features: Employee Restrooms; Rest Rooms
Ceiling Height: 8' - 10.9'
Lot Features: Corner Lot
Location: Airport 1-2 Miles; Commercial Retail; Corner Lot; US Highway
Square Footage Description: Retail Bldg Over 5000 SF
Covenants And Restrictions: Other; See Remarks
Lighting: Fluorescent
Flooring: Ceramic Tile
Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Entrance
Sale Options: Under Lease; See Remarks
Parking Features: Asphalt; Attached; Off Street; On Site; Parking Lot; Paved
Additional Transportation: Airport 1-2 Miles; Interstate 1 Mile or Less
Flood Insurance: Subject to Survey
Price Includes: Ground Lease; See Remarks
Available Documents: Floor Plan(s); Marketing Package; Plat; Rent Roll; Traffic Count
Approx Age Code: Under 10 Years
Rent Roll 2023 
Listing Office: Sawyer Real Estate, Inc. Of Ms.
Listing Agent: Rita G Sadler
Last Updated: May - 29 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$2,170,000
Gulfport, MS 39503
MLS# 4050502
6350 sqft
1 / 1
Property Description
This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
Details
Maps
Documents
Address and Location Information
Nearest Cross Street: Community Road
Parcel Number: Unassigned
Directions to Property: SW corner of U S Hwy 49 and Community Rd.
N or S of I-10: N
N or S of CSX Railroad Track: N
Street Number: 10573
Street Direction: N
Street Name: Hwy 49
Street Suffix: Highway
County: Harrison
State: MS
Zip Code: 39503
Subdivision: Metes And Bounds
Location
Airport 1-2 Miles: 1
City: 1
Commercial Retail: 1
Corner Lot: 1
US Highway: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2023-06-13
List Price: $2,170,000
Current Price: $2,170,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Property Condition: Updated/Remodeled
Approx Lot Size Acres: 1.3
Office Square Footage: 6350
SqFt Source: Plans
List Price/SqFt: 341.73
Divisible: No
Year Built Source: Owner
Total Floors: 1
Bathrooms Half: 4
Accessibility Features: Yes
Approx H/C SqFt: 6350
Year Built: 2016
Tax and Financial Information
Tax Annual Amount: 7116
Tax Year: 2021
Zoning: B4
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: Yes
Leasehold Fee: 31000
16th Section: Yes
Leasehold Fee Increase: Yes
Sold In Previous 12 Months: No
Association: No
Legal Description: On File
Complex Name: West Community Plaza
Remarks & Miscellaneous
Public Remarks: This is the sale of a 16th Section Leasehold Interest. The property is 100% Occupied with the original tenants. Sale of Leasehold Interest requires the approval of the RCG, Harrison County School Board as well as the Board of Supervisors
Current Use
Retail: 1
Possible Use
Retail: 1
Income & Expenses
Vacancy Factor: 0%
Business Type
Restaurant: 1
Retail: 1
Lot Features
Corner Lot: 1
Covenants And Restrictions
Other: 1
See Remarks: 1
Commercial Features
Employee Restrooms: 1
Rest Rooms: 1
% Leased: 100
Average Lease Per SqFt: 28
Cap Rate: 8
Showing Requirements
Showing: Appointment Required
Ceiling Height
8' - 10.9': 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Flooring
Ceramic Tile: 1
Accessibility Features
Accessible Common Area: 1
Accessible Doors: 1
Accessible Entrance: 1
Sale Options
Under Lease: 1
See Remarks: 1
Auction
Auction: No
Exterior Construction/Siding
Brick Veneer: 1
Metal Siding: 1
Parking Features
Parking Total: 73
Asphalt: 1
Attached: 1
Off Street: 1
On Site: 1
Parking Lot: 1
Paved: 1
Lighting
Fluorescent: 1
Basement Features
Basement: No
Flood Insurance
Subject to Survey: 1
Price Includes
Ground Lease: 1
See Remarks: 1
Available Documents
Floor Plan(s): 1
Marketing Package: 1
Plat: 1
Rent Roll: 1
Traffic Count: 1
Additional Transportation
Airport 1-2 Miles: 1
Interstate 1 Mile or Less: 1
Approx Age Code
Under 10 Years: 1
Parking Spaces
# Parking Spaces Uncovered: 73
Uncovered Parking?
51-100 Spaces: 1
Suite Details
1st Suite Number: A
1st Suite Size: 1200
2nd Suite Number: B
2nd Suite Size: 1500
3rd Suite Number: C
3rd Suite Size: 1650
4th Suite Number: D
4th Suite Size: 2000
Property Features
Business Type: Restaurant; Retail
Current Use: Retail
Possible Use: Retail
Commercial Features: Employee Restrooms; Rest Rooms
Ceiling Height: 8' - 10.9'
Lot Features: Corner Lot
Location: Airport 1-2 Miles; Commercial Retail; Corner Lot; US Highway
Square Footage Description: Retail Bldg Over 5000 SF
Covenants And Restrictions: Other; See Remarks
Lighting: Fluorescent
Flooring: Ceramic Tile
Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Entrance
Sale Options: Under Lease; See Remarks
Parking Features: Asphalt; Attached; Off Street; On Site; Parking Lot; Paved
Additional Transportation: Airport 1-2 Miles; Interstate 1 Mile or Less
Flood Insurance: Subject to Survey
Price Includes: Ground Lease; See Remarks
Available Documents: Floor Plan(s); Marketing Package; Plat; Rent Roll; Traffic Count
Approx Age Code: Under 10 Years
Listing Office: Sawyer Real Estate, Inc. Of Ms.
Listing Agent: Rita G Sadler
Last Updated: May - 29 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.