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Offices418 HWY 90 Waveland, MS 39576
$550,000
Gulfport, MS 39507
MLS# 4142681
4000 sqft
1 / 25
Property Description
Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd This three-unit commercial building (AND ADDITIONAL LOT) is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one. Whether you're expanding your holdings or entering the market, this property delivers the kind of performance and predictability that matters. Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy. Additional Opportunity: 3 Income-Producing Units 7% Cap Rate Expansion Potential with Additional Lot Strong Location & Accessibility This is more than just a property--it's a scalable investment with upside built in. SEE AGENT NOTES FOR ADDITIONAL INFO
Details
Maps
Documents
Address and Location Information
Parcel Number: 0911a-02-092.000
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 238
Street Name: Courthouse
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Fayers
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-03-17
List Price: $550,000
Current Price: $550,000
Property Sub Type: Industrial
General Property Information
Property Sub Type: Industrial
New Construction: No
Approx Lot Size Acres: 0.2
Lot Size Dimensions: 107.3'x268.2'x101.3'x203.1'
SqFt Source: Owner
List Price/SqFt: 137.5
Year Built Source: Owner
Total Floors: 1
Accessibility Features: Yes
Approx H/C SqFt: 4000
Year Built: 1978
Tax and Financial Information
Tax Annual Amount: 4765
Tax Year: 2025
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Legal Description: BEG ON E SIDE OF COURTHOUSE RD 150 FT S OF S LINE OF A PUBLIC ST RUNNING ALONG S LINE OF R/W OF L&N RR FOR BEG. E 100 FT N 90 FT W 100 FT S 90 FT TO BEG SEC 1-8-11
Remarks & Miscellaneous
Public Remarks: Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd
This three-unit commercial building (AND ADDITIONAL LOT) is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one. Whether you're expanding your holdings or entering the market, this property delivers the kind of performance and predictability that matters.
Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy.
Additional Opportunity:
3 Income-Producing Units
7% Cap Rate
Expansion Potential with Additional Lot
Strong Location & Accessibility
This is more than just a property--it's a scalable investment with upside built in.
SEE AGENT NOTES FOR ADDITIONAL INFO
Current Use
Office: 1
Possible Use
Office: 1
Other: 1
Levels
One: 1
Commercial Features
Rest Rooms: 1
Smoke Detector(s): 1
Showing Requirements
Showing: Appointment Required
Auction
Auction: No
Basement Features
Basement: No
Property Features
Current Use: Office
Possible Use: Office; Other
Commercial Features: Rest Rooms; Smoke Detector(s)
Levels: One
Listing Addendum 
Listing Office: Crescent Sotheby's International
Listing Agent: Holly J Gibbs
Last Updated: March - 30 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$550,000
Gulfport, MS 39507
MLS# 4142681
4000 sqft
1 / 25
Property Description
Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd This three-unit commercial building (AND ADDITIONAL LOT) is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one. Whether you're expanding your holdings or entering the market, this property delivers the kind of performance and predictability that matters. Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy. Additional Opportunity: 3 Income-Producing Units 7% Cap Rate Expansion Potential with Additional Lot Strong Location & Accessibility This is more than just a property--it's a scalable investment with upside built in. SEE AGENT NOTES FOR ADDITIONAL INFO
Details
Maps
Documents
Address and Location Information
Parcel Number: 0911a-02-092.000
N or S of I-10: S
N or S of CSX Railroad Track: S
Street Number: 238
Street Name: Courthouse
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Fayers
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2026-03-17
List Price: $550,000
Current Price: $550,000
Property Sub Type: Industrial
General Property Information
Property Sub Type: Industrial
New Construction: No
Approx Lot Size Acres: 0.2
Lot Size Dimensions: 107.3'x268.2'x101.3'x203.1'
SqFt Source: Owner
List Price/SqFt: 137.5
Year Built Source: Owner
Total Floors: 1
Accessibility Features: Yes
Approx H/C SqFt: 4000
Year Built: 1978
Tax and Financial Information
Tax Annual Amount: 4765
Tax Year: 2025
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Legal Description: BEG ON E SIDE OF COURTHOUSE RD 150 FT S OF S LINE OF A PUBLIC ST RUNNING ALONG S LINE OF R/W OF L&N RR FOR BEG. E 100 FT N 90 FT W 100 FT S 90 FT TO BEG SEC 1-8-11
Remarks & Miscellaneous
Public Remarks: Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd
This three-unit commercial building (AND ADDITIONAL LOT) is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one. Whether you're expanding your holdings or entering the market, this property delivers the kind of performance and predictability that matters.
Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy.
Additional Opportunity:
3 Income-Producing Units
7% Cap Rate
Expansion Potential with Additional Lot
Strong Location & Accessibility
This is more than just a property--it's a scalable investment with upside built in.
SEE AGENT NOTES FOR ADDITIONAL INFO
Current Use
Office: 1
Possible Use
Office: 1
Other: 1
Levels
One: 1
Commercial Features
Rest Rooms: 1
Smoke Detector(s): 1
Showing Requirements
Showing: Appointment Required
Auction
Auction: No
Basement Features
Basement: No
Property Features
Current Use: Office
Possible Use: Office; Other
Commercial Features: Rest Rooms; Smoke Detector(s)
Levels: One
Listing Office: Crescent Sotheby's International
Listing Agent: Holly J Gibbs
Last Updated: March - 30 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.