1. Mississippi
  2. Biloxi
  3. 281 Oak Street
$439,000

281 Oak Street, Biloxi, MS 39530

  • 20,506 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $21/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Prime Commercial Investment Opportunity on Oak Street - High Visibility, Income-Producing Property Located at the intersection of Oak Street and Division Street—just steps from Hwy 90 and directly across from LeBakery—this well-maintained commercial building offers excellent exposure and consistent income potential. The property features 5 units, each approximately 1,250 square feet. Currently, 4 units are occupied, with three units (A, B, C) combined into one functional space and leased with a lease that ends 12/2027. Unit D is currently rented month to month as lease has ended. Working on the new lease @ $650.00 per month for this unit. Unit E is vacant. Each unit comes with 1 bathroom each. The building boasts a metal roof, recently updated A/C systems, and ample frontage in a high-traffic area. With a current monthly income of $3,300, this property is a solid addition to any investment portfolio. Ideal for retail, office, or service-based businesses, and surrounded by established commercial neighbors. Please note: the adjacent gas station is not included in this sale. Don't miss this chance to own a versatile and income-generating property in a sought-after location!

Listing Status:
Active
Date Added:
July 9, 2025 at 05:00AM
Listing Office:
HL Raymond Properties, LLC : 228-466-6643
Listing Agent:
Sherry Moxley : 706-833-0123
MLS ID:
4118801
  • Flooring: ConcreteVinyl
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Sherry Moxley, HL Raymond Properties, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Nichols Elementary School

590 Division St, Biloxi, MS, 39530

Grades PK-1

0.82 miles away

L

Lopez School

140 Saint John Ave, Biloxi, MS, 39530

Grades KG-12

3.62 miles away

L

Lopez School

140 Saint John Ave, Biloxi, MS, 39530

Grades KG-12

3.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.