Four Unit Retail Hwy 90 Ocean Springs MS

1818 U.S. 90 Ocean Springs, MS 39564

1818 U.S. 90, Ocean Springs, MS, 39564
Retail Building For Sale Ocean Springs MS
1818 U.S. 90, Ocean Springs, MS, 39564 1818 U.S. 90, Ocean Springs, MS, 39564 1818 U.S. 90, Ocean Springs, MS, 39564
FOR SALE
Property Type:
Street Retail
Amount:
$398,500
Last Verified:
Dec 02, 2024

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Highlights

  • Four Unit Retail Building
  • Fully leased with $38,400 AGI
  • Hwy 90 Frontage, Ocean Springs MS
  • Value Add "Bite Sized Investment"

Description

Four Unit Retail Building located on Hwy 90 Ocean Springs, MS, fully leased with $38,400 annual gross income. Great Location fronting Hwy 90, east of Holcomb Blvd. Leases are well below market and short term allowing for rate adjustments or redevelopment of the property.

Fronts Hwy 90 in Ocean Springs MS West of Holcomb Blvd.

Building Size: 5400sq ft
Lot Size: 0.24 acres


Documents

Brochure (L)

Map of 1818 U.S. 90, Ocean Springs, MS, 39564

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.