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$675,000
Est. payment /mo
5,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $120
MLS Listing ID 4166156
Year Built 1950
Annual Tax Amount $4,699
Lot Size 0.780 Acres
Acres 0.78
Property Sub-Type Business
Source MLS United
Property Description
Cash-flowing commercial investment in Woolmarket! This fully leased, multi-tenant property generates $6,600 in monthly rental revenue from three established tenants: a convenience store, full-service Mexican restaurant, and barber shop. Situated on approximately 0.78 acres, the ±5,600-square-foot building occupies a corner location on Lorraine Road. The building features a metal roof, along with interior and operational improvements. Beyond its existing rental income, the property offers potential for future redevelopment or additional uses. The site includes two 8,000-gallon underground fuel tanks that have recently passed environmental testing, offering potential for future gas station operations, subject to applicable permits and approvals. With three rental streams and a location in an area experiencing residential and commercial development, 12874 Lorraine Road offers investors existing income and long-term potential.
Location
State MS
County Harrison
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Tile, Vinyl
Exterior
Exterior Feature Awning(s), Private Entrance
Parking Features Parking Lot, Paved
Roof Type Metal
Garage No
Building
Sewer Septic Tank
Water Private
Level or Stories One
Structure Type Awning(s),Private Entrance
New Construction No
Others
Tax ID 1108d-02-001.000
Virtual Tour https://www.propertypanorama.com/12874-Lorraine-Road-Biloxi-MS-39532--4166156/unbranded
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by Prosper Realty
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