197 Tegarden Road, Gulfport, MS 39507 (MLS# 4103800)

197 Tegarden Road, Gulfport, MS 39507

$1,250,000

Virtual Tour

https://www.propertypanorama.com/197-Tegarden-Road-Gulfport-MS-39507/unbranded

Property Type: Commercial Sale Square Footage: 10,247 Lot Size (sq. ft.): 57,499 Status: Active

Current Price: $1,250,000 List Date: 2/13/2025 Last Modified: 8/11/2026

Overview

Description

NOW $1,250,000! Exceptional owner/user opportunity just one block from Beach Boulevard/Hwy 90 in Gulfport. This 10,247 SF commercial building on approximately 1.32 acres is now offered at approximately $122/SF. Currently configured as an established restaurant, bar and pool hall, the property offers extensive existing infrastructure and tremendous flexibility for a new owner/operator or alternative commercial use. Large building footprint, substantial parking and convenient access to Hwy 90, the Gulfport beachfront and surrounding commercial areas. Extensive furniture, fixtures and equipment (FF&E) are currently in place and may be separately negotiated depending upon offer structure. This major price adjustment creates an outstanding opportunity to acquire a substantial Gulfport commercial property at a compelling basis. Building and land offered at $1,250,000.

Listing Details MLS# 4103800

General Property Information

Approx Lot Size Acres: 1.32
Lot Size Dimensions: 195x318x169x326
Approx H/C SqFt: 10247
SqFt Source: Public Records
List Price/SqFt: 121.99
Year Built Known: Yes
Year Built: 1995
Year Built Source: Other
Total Floors: Yes
Accessibility Features: Yes
Property Sub Type: Business
New Construction: No

Property Features

Business Type: Bar/Tavern/Lounge; Commercial; Restaurant; Retail Possible Use: Bar/Tavern/Lounge; Commercial; Food Service; Restaurant; Retail Commercial Features: ADA Qualified; Fire Alarm; Fixtures; Security System; Storage Building; Telephone System Lot Features: Corner Lot; Near Beach Location: Airport 1-2 Miles; Commercial Retail; US Highway Levels: One Square Footage Description: Retail Bldg Over 5000 SF Seating: 500-750 Cooling: Central Air Heating: Central Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional; VA Loan Additional Transportation: Airport 1-2 Miles; City Street Price Includes: All Appliances; All Furnishings; Business; Business and Building; Business Name; Equipment; Signage

Address and Location Information

Street Number: 197
Street Name: Tegarden
Street Suffix: Road
County: Harrison
State: MS
Zip Code: 39507
Nearest Cross Street: Beach Blvd
Parcel Number: 0911a-02-001.001
Subdivision: Metes And Bounds
Directions to Property: From Beach Blvd, go north on Teagarden. Property is located on the left just before the railroad tracks.
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Property Sub Type: Business
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 10768
Tax Year: 2024
Zoning: Commercial
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: BEG 110.9 FT S OF INTER OF CENTER- LINE OF RAILROAD & W MAR OF TEA- GARDEN RD S ALONG TEAGARDEN RD 193.6 FT S 78 DGS W 312.3 FT TO E LINE OF HILL & DOLAN SUBD N ALONG SUBD 166.9 FT TO S MAR OF RAILROAD ST NELY ALONG RD 321.3 FT TO POB PART OF NE1/4 OF NE1/4 OF SEC 1-8-11

Commercial Features

Business Included: Yes
Cap Rate: 7.77
Frontage Feet: 195
Number of Restrooms: 3
Traffic Count: 1400
ADA Qualified: Yes
Fire Alarm: Yes
Fixtures: Yes
Security System: Yes
Storage Building: Yes
Telephone System: Yes

More Information

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Location

Airport 1-2 Miles: Yes
Commercial Retail: Yes
US Highway: Yes

Remarks & Miscellaneous

Public Remarks: NOW $1,250,000! Exceptional owner/user opportunity just one block from Beach Boulevard/Hwy 90 in Gulfport. This 10,247 SF commercial building on approximately 1.32 acres is now offered at approximately $122/SF. Currently configured as an established restaurant, bar and pool hall, the property offers extensive existing infrastructure and tremendous flexibility for a new owner/operator or alternative commercial use. Large building footprint, substantial parking and convenient access to Hwy 90, the Gulfport beachfront and surrounding commercial areas. Extensive furniture, fixtures and equipment (FF&E) are currently in place and may be separately negotiated depending upon offer structure. This major price adjustment creates an outstanding opportunity to acquire a substantial Gulfport commercial property at a compelling basis. Building and land offered at $1,250,000.

Possible Use

Bar/Tavern/Lounge: Yes
Commercial: Yes
Food Service: Yes
Restaurant: Yes
Retail: Yes

Income & Expenses

Annual Electric Expense: 30963
Annual Insurance Expense: 39725
Annual Water/Sewer Expense: 3955

Business Type

Bar/Tavern/Lounge: Yes
Commercial: Yes
Restaurant: Yes
Retail: Yes

Lot Features

Corner Lot: Yes
Near Beach: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
VA Loan: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Square Footage Description

Retail Bldg Over 5000 SF: Yes

Seating

500-750: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Foundation Details

Slab: Yes

Price Includes

All Appliances: Yes
All Furnishings: Yes
Business: Yes
Business and Building: Yes
Business Name: Yes
Equipment: Yes
Signage: Yes

Additional Transportation

Airport 1-2 Miles: Yes
City Street: Yes

Listing Office: Coldwell Banker Alfonso Realty-OS-B/O

Listing Agent: Kim R Bush

Last Updated: August - 11 - 2026

197 Tegarden Road, Gulfport, MS 39507 (MLS# 4103800)