For Sale

Waterfront Office & Restaurant Condo w/ Income

1302 Magnolia Street,
Gulfport, MS 39507

Asset Snapshot

Anchor Store
Retail Subtype
2024
Year Built
1
Floor Count
72
Parking Spots
3.13 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Completed in 2024, this 3,560 SF waterfront condo at 1302 Magnolia Street combines offices with existing income and a modern speak easy style restaurant & craft cocktail bar and lounge, which includes all FF&E, and offers incredible views of Bernard Bayou. The office area includes 5 large executive office suites currently producing approximately $5000.00 per month in gross rent. Suites include WIFI, utilities, breakroom, 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 executive gym.


Investment Highlights

  • 3,560 SF office building
  • Completed in 2024
  • Modern, recently built construction
  • Suitable for owner-user or investor
  • Flexible layout for multiple office uses
  • Low-maintenance newer asset
  • Professional appearance and clean finishes
  • Efficient building size for operations
  • Located at 1302 Magnolia Street
  • Sale opportunity in Gulfport

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$975,000
Asking Price

Investment Sales Broker

Tim Carlson
Southeast Commercial Real Estate

Market Insights