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156 Porter Avenue, Biloxi, MS 39530 (MLS# 4088612)

156 Porter Avenue, Biloxi, MS 39530

$755,000
Property Type: Commercial Sale Square Footage: 20,449 Lot Size (sq. ft.): 20,473 Status: Closed
Current Price: $869,000 List Date: 8/16/2024 Last Modified: 12/02/2025

Overview

Description

Partially Broker owned Incredible investment opportunity with many recent upgrades/ unit remodels within last two years. Fully rented. Just sit back and collect the cash. This is a no brainer. Ready to view.

Listing Details MLS# 4088612

General Property Information

Approx Lot Size Acres
0.47
Lot Size Dimensions
N/A
Approx H/C SqFt
20449
Office Square Footage
11291
SqFt Source
Appraiser
List Price/SqFt
42.5
Year Built
1950
Year Built Source
Public Records
Total Floors
Yes
Accessibility Features
No
Property Sub Type
Office
New Construction
No

Property Features

Business Type: Commercial Current Use: Office Possible Use: Commercial Structure Type: Other Levels: One Square Footage Description: Ofc. Bldg 10000-50000 SF

Address and Location Information

Street Number
156
Street Name
Porter
Street Suffix
Avenue
County
Harrison
State
MS
Zip Code
39530
Nearest Cross Street
Highway 90
Parcel Number
1310i-01-015.000
Subdivision
Metes And Bounds
N or S of I-10
S
N or S of CSX Railroad Track
S

Listing Information

Property Sub Type
Office
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
8162.71
Tax Year
2023
Flood Insurance Required?
No
Leasehold Y/N
No
Legal Description
Lot 173 ft x 104 ft more or less by Alley E by Lestrade N by Carron W by Porter Ave. Sec. Blk. 167

Status Change Info

Contract Date/Pending Date
2025-02-19
Closing Date
2025-04-21
Sold Price/SqFt
36.92

More Information

Commercial Features

Cap Rate
9.15
Number of Tenants
6

Auction

Auction
No

Parking Features

Parking Total
30

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Parking Spaces

# Parking Spaces Uncovered
30

Remarks & Miscellaneous

Public Remarks
Partially Broker owned Incredible investment opportunity with many recent upgrades/ unit remodels within last two years. Fully rented. Just sit back and collect the cash. This is a no brainer. Ready to view.

Current Use

Office
Yes

Structure Type

Other
Yes

Possible Use

Commercial
Yes

Income & Expenses

Annual Insurance Expense
12445.29
Annual Maintenance Expense
8400
Annual Net Income
108600

Business Type

Commercial
Yes

Levels

One
Yes

Square Footage Description

Ofc. Bldg 10000-50000 SF
Yes

Uncovered Parking?

26-50 Spaces
Yes
Listing Office: Berkshire Hathaway HomeServices Preferred Properties
Listing Agent: Fred Hornsby
Last Updated: December - 02 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.