$419,000

281 Oak Street, Biloxi MS, 39530

Price per sqft$57.05

Built in2003

Property size7,344 sqft

Property typeCommercial

Listed by Sherry Moxley Nelson 706-833-0123 with HL Raymond Properties, LLC

Overview

Active

Listed Jun 2, 2026

Updated 4 weeks ago

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!

Additional information

MLS^® ID: 4118801

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.47 Acres

Other Property Details

Taxes: $425
Tax Frequency: Annually

The IDX display contains information sourced from the MLS United as of 9/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/9/2026 at 3:27 AM UTC