Waterfront Office & Restaurant Condo w/Income

Investment Overview

Completed in 2024, this 3,560 SF waterfront condo at 1302 Magnolia Street combines offices with existing income and a modern speakeasy style restaurant & craft cocktail bar and lounge, which includes all FF&E, and offers incredible views of Bernard Bayou. The office area consists of 5 large executive suites, currently producing approximately $5,000.00 per month in gross rent. The suites include Wi-Fi, utilities, breakroom, and a conference room, offering flexibility for a range of business needs. Modern finishes, recent construction, and a waterfront setting in Gulfport make this a distinctive option for an owner-user or investor. Other amenities include a spa like pool, dockage for short-term boat use and an executive gym.

Investment Highlights

• Rare Waterfront Office & Restaurant Condo Overlooking Bernard Bayou
• All FF&E Included with Acceptable Purchase Contract
• Large Contiguous Covered Outdoor Gathering Area
• Ample Dockage for Short-Term Boating Access
• Resort Pool with Entertaining Area
• Workout Facility (Adjacent Building)
• Numerous New Retailer & Restaurants in the Immediate Area
• National & Regional Grocers within a 5-Minute Drive
• 5-Minute Drive North to Interstate 10 or South to Highway 90/Beach Blvd.
• Formerly: The Magnolia Room (A Speakeasy Concept). Owner Relocated to FL.