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Offices418 HWY 90 Waveland, MS 39576
$450,000
Gulfport, MS 39507
MLS# 4124788
Status: Closed
15088 sqft
1 / 8
Property Description
PRIME INVESTMENT OPPORTUNITY W/ 2+- ACRES- This is a rare chance to own a commercial shopping center in one of the hottest real estate markets on the MS Gulf Coast. SITUATED ON OVER 2+- ACRES, this property has a PROVEN RENTAL HISTORY, anchored by Educate & Celebrate, a long-term tenant of 11+ years. Positioned along a major north-south highway, the shopping center benefits from approximately 15,000 CARS PASSING DAILY, ensuring maximum visibility for businesses. Zoned T4+, the property is surrounded by top national and local retailers, the area is a thriving commercial hub. Nearby businesses include Club 4 Fitness, KFC, Taco Bell, Walgreens, McDonald's, Rouses Market, and many more. In addition, numerous new neighborhoods continue to develop in the area, bringing steady residential growth, increased traffic, and long-term customer potential. Conveniently located almost directly across from St. James Catholic Church, a well-known landmark that generates strong community foot traffic. This shopping center is a prime opportunity for an owner-occupied business, with the added benefit of generating rental income from additional tenants. Whether you're looking to expand your commercial portfolio or establish your own business in a high-growth area, this property offers exceptional value, proven performance, and long-term upside. This property is truly a prime investment opportunity. Don't miss out. Schedule your private tour today!
Details
Maps
Documents
Address and Location Information
Parcel Number: 1010m-02-005.001
Directions to Property: From Pass Road head South on Cowan Road, property will be on the right hand side of the road just before you get to the railroad tracks.
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 311
Street Name: Cowan
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Metes And Bounds
Location
City: 1
Commercial Retail: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2025-09-05
List Price: $475,000
Current Price: $450,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 2
SqFt Source: Appraiser
List Price/SqFt: 31.48
Year Built Source: Appraiser
Total Floors: 1
Accessibility Features: Yes
Approx H/C SqFt: 15088
Year Built: 1970
Tax and Financial Information
Tax Annual Amount: 9187
Tax Year: 2024
Flood Insurance Required?: No
Leasehold Y/N: No
16th Section: No
Legal Description: 5.0 AC(C) BEG AT INTER OF W MAR COWAN RD & N MAR OF RAILROAD SWLY ALONG RAILROAD 229.2 FT N 200 FT W 150 FT S 246.3 FT TO RAILROAD SWLY ALONG RAILROAD 445 FT N 369.4 FT N 78 DG E 429.5 FT E 383.3 FT TO COWAN RD SLY ALONG RD 221 FT TO POB BEING PART OF LOTS 5 & 6 DAY BAKER SURVEY (UNRECORDED) PART OF SE1/4 OF SW1/4 OF SEC 31-7-10 Less and Except See attached Exhibit ''A''
Remarks & Miscellaneous
Public Remarks: PRIME INVESTMENT OPPORTUNITY W/ 2+- ACRES- This is a rare chance to own a commercial shopping center in one of the hottest real estate markets on the MS Gulf Coast. SITUATED ON OVER 2+- ACRES, this property has a PROVEN RENTAL HISTORY, anchored by Educate & Celebrate, a long-term tenant of 11+ years. Positioned along a major north-south highway, the shopping center benefits from approximately 15,000 CARS PASSING DAILY, ensuring maximum visibility for businesses. Zoned T4+, the property is surrounded by top national and local retailers, the area is a thriving commercial hub. Nearby businesses include Club 4 Fitness, KFC, Taco Bell, Walgreens, McDonald's, Rouses Market, and many more. In addition, numerous new neighborhoods continue to develop in the area, bringing steady residential growth, increased traffic, and long-term customer potential. Conveniently located almost directly across from St. James Catholic Church, a well-known landmark that generates strong community foot traffic. This shopping center is a prime opportunity for an owner-occupied business, with the added benefit of generating rental income from additional tenants. Whether you're looking to expand your commercial portfolio or establish your own business in a high-growth area, this property offers exceptional value, proven performance, and long-term upside. This property is truly a prime investment opportunity. Don't miss out. Schedule your private tour today!
Status Change Info
Sold Price/SqFt: 29.83
Contract Date/Pending Date: 2025-10-16
Closing Date: 2026-04-02
Current Use
Commercial: 1
Retail: 1
Warehouse: 1
Business Type
Commercial: 1
Retail: 1
Lot Features
City Lot: 1
Near Beach: 1
Levels
One: 1
Sewer
Public Sewer: 1
Commercial Features
Dumpster: 1
Loading Dock(s): 1
Rest Rooms: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Accessibility Features
Accessible Approach with Ramp: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Auction
Auction: No
Roof
Flat: 1
Parking Features
Asphalt: 1
Parking Lot: 1
Basement Features
Basement: No
Price Includes
Building and Land: 1
Disclosures
As Is: 1
Approx Age Code
Older 25+ Years: 1
Uncovered Parking?
1-25 Spaces: 1
Property Features
Business Type: Commercial; Retail
Current Use: Commercial; Retail; Warehouse
Commercial Features: Dumpster; Loading Dock(s); Rest Rooms
Lot Features: City Lot; Near Beach
Location: Commercial Retail
Levels: One
Square Footage Description: Retail Bldg Over 5000 SF
Accessibility Features: Accessible Approach with Ramp
Cooling: Central Air
Heating: Central
Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Flat
Parking Features: Asphalt; Parking Lot
Price Includes: Building and Land
Disclosures: As Is
Approx Age Code: Older 25+ Years
City of Gulfport Chart of Permitted Uses 
Listing Office: Blaine & Co., LLC
Listing Agent: Matthew A Blaine
Last Updated: April - 07 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
$450,000
Gulfport, MS 39507
MLS# 4124788
Status: Closed
15088 sqft
1 / 8
Property Description
PRIME INVESTMENT OPPORTUNITY W/ 2+- ACRES- This is a rare chance to own a commercial shopping center in one of the hottest real estate markets on the MS Gulf Coast. SITUATED ON OVER 2+- ACRES, this property has a PROVEN RENTAL HISTORY, anchored by Educate & Celebrate, a long-term tenant of 11+ years. Positioned along a major north-south highway, the shopping center benefits from approximately 15,000 CARS PASSING DAILY, ensuring maximum visibility for businesses. Zoned T4+, the property is surrounded by top national and local retailers, the area is a thriving commercial hub. Nearby businesses include Club 4 Fitness, KFC, Taco Bell, Walgreens, McDonald's, Rouses Market, and many more. In addition, numerous new neighborhoods continue to develop in the area, bringing steady residential growth, increased traffic, and long-term customer potential. Conveniently located almost directly across from St. James Catholic Church, a well-known landmark that generates strong community foot traffic. This shopping center is a prime opportunity for an owner-occupied business, with the added benefit of generating rental income from additional tenants. Whether you're looking to expand your commercial portfolio or establish your own business in a high-growth area, this property offers exceptional value, proven performance, and long-term upside. This property is truly a prime investment opportunity. Don't miss out. Schedule your private tour today!
Details
Maps
Documents
Address and Location Information
Parcel Number: 1010m-02-005.001
Directions to Property: From Pass Road head South on Cowan Road, property will be on the right hand side of the road just before you get to the railroad tracks.
N or S of I-10: S
N or S of CSX Railroad Track: N
Street Number: 311
Street Name: Cowan
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39507
Subdivision: Metes And Bounds
Location
City: 1
Commercial Retail: 1
Listing Information
Listing Service: Full Service
Status: Closed
List Date: 2025-09-05
List Price: $475,000
Current Price: $450,000
Property Sub Type: Retail
General Property Information
Property Sub Type: Retail
New Construction: No
Approx Lot Size Acres: 2
SqFt Source: Appraiser
List Price/SqFt: 31.48
Year Built Source: Appraiser
Total Floors: 1
Accessibility Features: Yes
Approx H/C SqFt: 15088
Year Built: 1970
Tax and Financial Information
Tax Annual Amount: 9187
Tax Year: 2024
Flood Insurance Required?: No
Leasehold Y/N: No
16th Section: No
Legal Description: 5.0 AC(C) BEG AT INTER OF W MAR COWAN RD & N MAR OF RAILROAD SWLY ALONG RAILROAD 229.2 FT N 200 FT W 150 FT S 246.3 FT TO RAILROAD SWLY ALONG RAILROAD 445 FT N 369.4 FT N 78 DG E 429.5 FT E 383.3 FT TO COWAN RD SLY ALONG RD 221 FT TO POB BEING PART OF LOTS 5 & 6 DAY BAKER SURVEY (UNRECORDED) PART OF SE1/4 OF SW1/4 OF SEC 31-7-10 Less and Except See attached Exhibit ''A''
Remarks & Miscellaneous
Public Remarks: PRIME INVESTMENT OPPORTUNITY W/ 2+- ACRES- This is a rare chance to own a commercial shopping center in one of the hottest real estate markets on the MS Gulf Coast. SITUATED ON OVER 2+- ACRES, this property has a PROVEN RENTAL HISTORY, anchored by Educate & Celebrate, a long-term tenant of 11+ years. Positioned along a major north-south highway, the shopping center benefits from approximately 15,000 CARS PASSING DAILY, ensuring maximum visibility for businesses. Zoned T4+, the property is surrounded by top national and local retailers, the area is a thriving commercial hub. Nearby businesses include Club 4 Fitness, KFC, Taco Bell, Walgreens, McDonald's, Rouses Market, and many more. In addition, numerous new neighborhoods continue to develop in the area, bringing steady residential growth, increased traffic, and long-term customer potential. Conveniently located almost directly across from St. James Catholic Church, a well-known landmark that generates strong community foot traffic. This shopping center is a prime opportunity for an owner-occupied business, with the added benefit of generating rental income from additional tenants. Whether you're looking to expand your commercial portfolio or establish your own business in a high-growth area, this property offers exceptional value, proven performance, and long-term upside. This property is truly a prime investment opportunity. Don't miss out. Schedule your private tour today!
Status Change Info
Sold Price/SqFt: 29.83
Contract Date/Pending Date: 2025-10-16
Closing Date: 2026-04-02
Current Use
Commercial: 1
Retail: 1
Warehouse: 1
Business Type
Commercial: 1
Retail: 1
Lot Features
City Lot: 1
Near Beach: 1
Levels
One: 1
Sewer
Public Sewer: 1
Commercial Features
Dumpster: 1
Loading Dock(s): 1
Rest Rooms: 1
Water Source
Public: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Showing Requirements
Showing: Appointment Required
Utilities
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
Square Footage Description
Retail Bldg Over 5000 SF: 1
Accessibility Features
Accessible Approach with Ramp: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Auction
Auction: No
Roof
Flat: 1
Parking Features
Asphalt: 1
Parking Lot: 1
Basement Features
Basement: No
Price Includes
Building and Land: 1
Disclosures
As Is: 1
Approx Age Code
Older 25+ Years: 1
Uncovered Parking?
1-25 Spaces: 1
Property Features
Business Type: Commercial; Retail
Current Use: Commercial; Retail; Warehouse
Commercial Features: Dumpster; Loading Dock(s); Rest Rooms
Lot Features: City Lot; Near Beach
Location: Commercial Retail
Levels: One
Square Footage Description: Retail Bldg Over 5000 SF
Accessibility Features: Accessible Approach with Ramp
Cooling: Central Air
Heating: Central
Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: 1031 Exchange; Cash; Conventional
Roof: Flat
Parking Features: Asphalt; Parking Lot
Price Includes: Building and Land
Disclosures: As Is
Approx Age Code: Older 25+ Years
Listing Office: Blaine & Co., LLC
Listing Agent: Matthew A Blaine
Last Updated: April - 07 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.