MS
Harrison
Biloxi
39532
12874 Lorraine Road
12874 Lorraine Road, Biloxi, MS 39532
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Listing Type
Commercial/Industrial
Listing Status
Active
15
$650,000

Home Details for 12874 Lorraine Road

Price
$650,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1950
Lot size acres
0.78
County
Harrison
Garage
Days on site
41
MLS Listing#
4136764
Property Description

Cash-Flowing Multi-Tenant Commercial Corner in Woolmarket Now offered in Woolmarket, a fully-leased 5,600± SF commercial building positioned on ±0.78 acres at the intersection of Lorraine Road. The property is anchored by three established tenants — a convenience store, full-service Mexican restaurant, and barber shop — together generating over $6,500/month in rental revenue. In addition to reliable income, this property presents an exceptional redevelopment or value-add opportunity. The site includes two 8,000-gallon underground pumps/tanks that have recently passed environmental testing, paving the way for potential fuel/gas station operations. The structure features a metal roof, with recent improvements centered on interior and operational updates, while fresh exterior paint is currently underway and scheduled for completion soon. Woolmarket continues to experience rapid growth, increased traffic counts, and significant new residential and commercial development. For investors seeking both immediate performance and future upside, this corner property represents a compelling buy in a fast-developing submarket.

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Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Parking
    • Parking Lot
    • Paved
  • Water Features
    • Private
Listing Courtesy: Prosper Realty - 228-332-3181
Presented by: Jo J Wedgeworth
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EXIT REALTY LEGACY GROUP
105 Lexington Drive, Suite E, Madison, MS 39110
Melanie Greer
License #: B22194
Franchisee
Office
601 790 7195
Agent
601 750 9494
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