281 Oak Street, Biloxi, MS 39530

$419,000
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: 9/08/2026

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 surrounded ...

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

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
Listing Office: HL Raymond Properties, LLC
Listing Agent: Sherry Moxley Nelson
Source MLS Verified
Last Updated: September - 08 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.