124 Rue Magnolia, Biloxi, MS 39530

$325,000
Property Type: Commercial Sale Square Footage: 2,377 Lot Size (sq. ft.): 156,598,200 Status: Closed
Current Price: $325,000 List Date: 8/03/2020 Last Modified: 7/10/2026

Overview

Description

The perfect downtown residence. literally steps to casinos, restaraunt's, shopping. Can use a portion for a pied a terre and utilize other portions for commercial income with current renters or your own business. Mere feet from the legendary Mary Mahoney's restaraunt and the Hard Rock & Beau Rivage Casinos. Leased for $2,600 per month with some tenants having been there for 13 years. Three current tenants. Property could also be used for single family and also potential daily, weekly, monthly rentals.

Listing Details MLS# 3364874

General Property Information

Approx Lot Size Acres
3595
Lot Size Dimensions
40x90
Approx H/C SqFt
2377
SqFt Source
Assessor
List Price/SqFt
136.73
Year Built
1900
Year Built Source
Assessor
Total Floors
Yes
Bathrooms Half
2
Bathrooms Three Quarter
Yes
Fireplace
Yes
Accessibility Features
No
Property Sub Type
Other
New Construction
No

Property Features

Possible Use: Medical/Dental; Office; Retail; Other Lot Features: Level Location: Central Business District; City Street Levels: One Square Footage Description: Ofc. Bldg 2500-5000 SF; Ofc. Bldg 10000-50000 SF Covenants And Restrictions: Architectural Review; Easements Walls - Interior: Paneling; Sheetrock; Wood Flooring: Brick; Hardwood; Slate; Wood Cooling: Central Air; Electric Heating: Central; Electric; Heat Pump Sewer: Public Sewer Water Source: Public Foundation Details: Pillar/Post/Pier Listing Terms: Conventional Parking Features: Other; See Remarks Additional Transportation: Airport 3+ Miles; City Street Price Includes: Building and Land; Building Only Available Documents: Survey Approx Age Code: Older 25+ Years

Address and Location Information

Street Number
124
Street Name
Rue Magnolia
County
Harrison
State
MS
Zip Code
39530
Parcel Number
1410k-03-103.000
Subdivision
V. Delmas
Directions to Property
124 Rue Magnolia on the corner directly behind M.Mahoney's
N or S of I-10
S
N or S of CSX Railroad Track
S

Listing Information

Property Sub Type
Other
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
1705.71
Tax Year
2020
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Association
Yes
Legal Description
LOT 39 X 85 FT AT NE COR OF WATER ST & MAGNOLIA MALL SEC BLK 126

Status Change Info

Contract Date/Pending Date
2021-01-30
Closing Date
2021-03-31
Sold Price/SqFt
136.73

More Information

Commercial Features

Number of Restrooms
3

Location

Central Business District
Yes
City Street
Yes

Remarks & Miscellaneous

Public Remarks
The perfect downtown residence. literally steps to casinos, restaraunt's, shopping. Can use a portion for a pied a terre and utilize other portions for commercial income with current renters or your own business. Mere feet from the legendary Mary Mahoney's restaraunt and the Hard Rock & Beau Rivage Casinos. Leased for $2,600 per month with some tenants having been there for 13 years. Three current tenants. Property could also be used for single family and also potential daily, weekly, monthly rentals.

Possible Use

Medical/Dental
Yes
Office
Yes
Retail
Yes
Other
Yes

Lot Features

Level
Yes

Covenants And Restrictions

Architectural Review
Yes
Easements
Yes

Levels

One
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Conventional
Yes

Walls - Interior

Paneling
Yes
Sheetrock
Yes
Wood
Yes

Square Footage Description

Ofc. Bldg 2500-5000 SF
Yes
Ofc. Bldg 10000-50000 SF
Yes

Flooring

Brick
Yes
Hardwood
Yes
Slate
Yes
Wood
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes
Heat Pump
Yes

Foundation Details

Pillar/Post/Pier
Yes

Exterior Construction/Siding

Frame
Yes

Parking Features

Other
Yes
See Remarks
Yes

Price Includes

Building and Land
Yes
Building Only
Yes

Available Documents

Survey
Yes

Additional Transportation

Airport 3+ Miles
Yes
City Street
Yes

Approx Age Code

Older 25+ Years
Yes
Listing Office: The Xchange Group, LLC
Listing Agent: Desmond C Felsher
Source MLS Verified
Last Updated: July - 10 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.