200000 Commercial Property on Hwy 90 (GREAT location) (Ocean Springs) hide this posting unhide

QR Code Link to This Post Building is currently vacant. It has brought $1,100 a month rent in the past. It is in a fantastic location on Highway 90 in downtown Ocean Springs. The address is 1113 Bienville Blvd. With a $30,000 down payment to the bank and a tenant paying rent, you could own this property outright in 15 years and have no money out of pocket other than the initial down payment investment! Great retirement nest egg potential to someone looking to invest in commercial property. Over 40,000 cars per day traffic count. Just $200,000 to purchase this prime piece of real estate!

Super large walk in cooler with built-in lock for security. Could be used as a safe for any business other than a food related one. A brand new roof mounted HVAC unit was added in 2014, as well as a brand new rubber roof. Approximately $25,000 was spent to upgrade the building. There are two separate restrooms, one accessible to only the renter, the other could be used for customers. There is a drive-through window in the back of the building. Any restaurant would need to upgrade the grease trap to a larger one per the Ocean Springs city codes. Please contact them as I don't have any information on this.

Interested in renting? (I am currently willing to rent it for $1100 a month.) The prospective tenant must pay a non-refundable $25 application fee for a background and credit check. You must have a credit score of at least 700 and sign a one year lease with first ($1,100) and last ($1,100) month's rent up front. I will waive a security deposit if YOU clean and prepare the building for occupancy. If I have to clean and prepare the building, there will be an additional $2,000 security deposit required along with the first and last months' rent. All utilities will need to be set up in the renter's name with the renter having full financial responsibility for monthly payment.

The property is directly across the street from the Mellow Mushroom restaurant and the Kangaroo Gas Station. Please note the aerial picture that has yellow lines drawn on it. These are the approximate property lines. Yes, the parking spaces in front of the building next door is included with the building at this address. This is an 'L' shaped lot.

Please do not send texts, they will be deleted without a reply. Phone calls only. Calls are accepted between 7 AM and 7 PM only. (Time listed is Central DST, I am in Eastern time zone, so I answer the phone between 8 AM and 8 PM MY) (;^)




Location: Mississippi -
Added on 9 days ago and expires on 25 May, Ad id: 759194          71 visits