281 Oak Street, Biloxi, MS 39530 (MLS# 4118801)

281 Oak Street, Biloxi, MS 39530

$419,000

Virtual Tour

https://www.propertypanorama.com/281-Oak-Street-Biloxi-MS-39530/unbranded

Property Type: Commercial Sale Square Footage: 7,344 Lot Size (sq. ft.): 20,473 Status: Active

Current Price: $419,000 List Date: 6/02/2026 Last Modified: 7/14/2026

Overview

Description

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 surro ... (Read more)

Listing Details MLS# 4118801

General Property Information

Approx Lot Size Acres: 0.47
Approx H/C SqFt: 7344
SqFt Source: Appraiser
List Price/SqFt: 57.05
Year Built Known: Yes
Divisible: No
Year Built: 2003
Year Built Source: Public Records
Total Floors: Yes
Accessibility Features: No
Property Sub Type: Business
New Construction: No

Property Features

Business Type: Bar/Tavern/Lounge; Commercial; Professional Service; Professional/Office Current Use: Commercial Possible Use: Bar/Tavern/Lounge; Commercial; Office; Restaurant; Retail Levels: One Square Footage Description: Ofc. Bldg Up to 2500 SF Walls - Interior: Sheetrock Lighting: Fluorescent Flooring: Concrete; Vinyl Cooling: Central Air Heating: Central Utilities: Electricity Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional Sale Options: Will Not Divide Roof: Metal Parking Features: Concrete Flood Insurance: Floodplain Price Includes: Leases Available Documents: Appraisal Disclosures: As Is

Address and Location Information

Street Number: 281
Street Name: Oak
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39530
Parcel Number: 1410h-04-077.000
N or S of I-10: S
N or S of CSX Railroad Track: S

Listing Information

Property Sub Type: Business
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 425
Tax Year: 2024
Flood Insurance Required?: Yes
Leasehold Y/N: No
Legal Description: LOT 50 X 96 FT MORE OR LESS S BY MAYBURY E BY OAK ST. N BY HOOD W BY WALDEMIER SEC. BLK. 53

Auction

Auction: No

More Information

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Remarks & Miscellaneous

Public Remarks: 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!

Current Use

Commercial: Yes

Possible Use

Bar/Tavern/Lounge: Yes
Commercial: Yes
Office: Yes
Restaurant: Yes
Retail: Yes

Business Type

Bar/Tavern/Lounge: Yes
Commercial: Yes
Professional Service: Yes
Professional/Office: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes

Walls - Interior

Sheetrock: Yes

Square Footage Description

Ofc. Bldg Up to 2500 SF: Yes

Flooring

Concrete: Yes
Vinyl: Yes

Cooling

Central Air: Yes

Heating

Central: Yes

Foundation Details

Slab: Yes

Sale Options

Will Not Divide: Yes

Roof

Metal: Yes

Parking Features

Concrete: Yes

Lighting

Fluorescent: Yes

Flood Insurance

Floodplain: Yes

Price Includes

Leases: Yes

Available Documents

Appraisal: Yes

Disclosures

As Is: Yes

Listing Office: HL Raymond Properties, LLC

Listing Agent: Sherry Moxley Nelson

Last Updated: July - 14 - 2026