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