1102 Government Street, Ocean Springs, MS 39564 (MLS# 4150624)

1102 Government Street, Ocean Springs, MS 39564

New Listing

$3,100,000

Virtual Tour

https://www.propertypanorama.com/1102-Government-Street-Ocean-Springs-MS-39564/unbranded

Property Type: Commercial Sale Square Footage: 4,400 Lot Size (sq. ft.): 17,424 Status: Active

Current Price: $3,100,000 List Date: 5/26/2026 Last Modified: 5/26/2026

Overview

Description

Rare redevelopment opportunity in the heart of Downtown Ocean Springs. Positioned just steps from Washington Avenue, Cash Alley, Front Beach, restaurants, shopping, and entertainment, 1102 Government Street offers one of the few remaining large-scale redevelopment parcels in one of Mississippi's most desirable coastal downtown districts. The property features approximately 106' of frontage on Government Street with exceptional walkability, visibility, and development flexibility. Surrounded by thriving hospitality, dining, retail, and tourism activity, the site is ideally suited for a boutique hotel, mixed-use development, luxury short-term rentals, rooftop lounge, restaurant concept, or experiential entertainment venue. Conceptual plans illustrate the potential for a 4-story vertical mixed-use development featuring courtyard dining/event space, rooftop hospitality amenities, and integrated parking. The value of this offering is driven by the land, location, and long-term redevelopme ... (Read more)

Listing Details MLS# 4150624

General Property Information

Approx Lot Size Acres: 0.4
Approx H/C SqFt: 4400
SqFt Source: Estimated
List Price/SqFt: 704.55
Year Built Known: Yes
Year Built: 1928
Year Built Source: Public Records
Total Floors: 2
Bathrooms Full: 3
Fireplace: No
Accessibility Features: Yes
Property Sub Type: Mixed Use
New Construction: No

Property Features

Business Type: Arts and Entertainment; Bar/Tavern/Lounge; Clothing; Commercial; Flex; Food & Beverage; Hospitality; Hotel/Motel; Mixed; Office Condo; Professional Service; Professional/Office; Real Estate; Residential; Restaurant; Retail; Special Purpose; Warehouse; Other Possible Use: Bar/Tavern/Lounge; Development; Hotel/Motel; Restaurant; Retail Lot Features: City Lot Location: City Street; Commercial Retail; Downtown Accessibility Features: Accessible Approach with Ramp Foundation Details: Slab Listing Terms: 1031 Exchange; Cash; Conventional; Renovation Loan; Other Roof: Shingle Flood Insurance: Subject to Survey Available Documents: Floor Plan(s); Photographs Disclosures: As Is

Address and Location Information

Street Number: 1102
Street Name: Government
Street Suffix: Street
County: Jackson
State: MS
Zip Code: 39564
Parcel Number: 601-37-440.000
PPIN: 601-37-440.000
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Property Sub Type: Mixed Use
Listing Service: Full Service
Never Occupied: No

Tax and Financial Information

Tax Year: 2024
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Legal Description: McLeod Lodge #424 F&AM
Tax Annual Amount: 0

Commercial Features

Number of Elevators: Yes

More Information

Auction

Auction: No

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Location

City Street: Yes
Commercial Retail: Yes
Downtown: Yes

Remarks & Miscellaneous

Public Remarks: Rare redevelopment opportunity in the heart of Downtown Ocean Springs. Positioned just steps from Washington Avenue, Cash Alley, Front Beach, restaurants, shopping, and entertainment, 1102 Government Street offers one of the few remaining large-scale redevelopment parcels in one of Mississippi's most desirable coastal downtown districts. The property features approximately 106' of frontage on Government Street with exceptional walkability, visibility, and development flexibility. Surrounded by thriving hospitality, dining, retail, and tourism activity, the site is ideally suited for a boutique hotel, mixed-use development, luxury short-term rentals, rooftop lounge, restaurant concept, or experiential entertainment venue. Conceptual plans illustrate the potential for a 4-story vertical mixed-use development featuring courtyard dining/event space, rooftop hospitality amenities, and integrated parking. The value of this offering is driven by the land, location, and long-term redevelopment potential in a supply-constrained downtown market. Ocean Springs continues to experience strong tourism, residential demand, and investment growth driven by its vibrant downtown district, coastal lifestyle, art scene, and proximity to Biloxi, Keesler Air Force Base, and the Mississippi Gulf Coast casino corridor. Premier location. Rare scale. Exceptional redevelopment potential.

Possible Use

Bar/Tavern/Lounge: Yes
Development: Yes
Hotel/Motel: Yes
Restaurant: Yes
Retail: Yes

Business Type

Arts and Entertainment: Yes
Bar/Tavern/Lounge: Yes
Clothing: Yes
Commercial: Yes
Flex: Yes
Food & Beverage: Yes
Hospitality: Yes
Hotel/Motel: Yes
Mixed: Yes
Office Condo: Yes
Professional Service: Yes
Professional/Office: Yes
Real Estate: Yes
Residential: Yes
Restaurant: Yes
Retail: Yes
Special Purpose: Yes
Warehouse: Yes
Other: Yes

Lot Features

City Lot: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Renovation Loan: Yes
Other: Yes

Accessibility Features

Accessible Approach with Ramp: Yes

Foundation Details

Slab: Yes

Roof

Shingle: Yes

Flood Insurance

Subject to Survey: Yes

Available Documents

Floor Plan(s): Yes
Photographs: Yes

Disclosures

As Is: Yes

Uncovered Parking?

1-25 Spaces: Yes

Documents

Land Survey ›

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

Listing Agent: Jennifer R Gautier

Last Updated: May - 26 - 2026