831 Highway 90, Bay Saint Louis, MS 39520

$635,000
Property Type: Commercial Sale Square Footage: 3,118 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $635,000 List Date: 11/26/2025 Last Modified: 7/06/2026

Overview

Description

Fully Leased 3,118 SF Bay St. Louis Medical Office Building- with a 5-Year National Medical Tenant | Forward 9% Cap | Annual Escalations. Turnkey income-producing commercial property in Bay St. Louis, Mississippi, secured by a 5-year lease with a national medical tenant beginning 11/15/2025. The lease includes contractual annual rent increases, delivering an initial 8.00% cap rate and a forward cap approaching 9% by Year 5. The newly renovated 3,118 SF single-tenant building is located just off Highway 90 within a well-established medical and professional office complex adjacent to Ochsner Medical Center. Zoned C-3 (Highway Commercial) with 16 dedicated parking spaces, the property supports medical, professional, and retail office uses while providing strong long-term tenant demand and re-tenanting optionality. Cap Rate schedule: Year 1 - 8.00%, Year 2 - 8.25%, Year 3 - 8.49%, Year 4 - 8.75%, Year 5 - 9%. Detailed Cap Rate schedule attached. Buyer and their agent to verify all in ...

Listing Details MLS# 4132607

General Property Information

Approx Lot Size Acres
0.25
Lot Size Dimensions
28x20x58x118x100x94
Approx H/C SqFt
3118
SqFt Source
Public Records
List Price/SqFt
203.66
Number of Lots
Yes
Divisible
No
Year Built
1987
Year Built Source
Public Records
Total Floors
Yes
Bathrooms Half
3
Fireplace
No
Pool
No
Accessibility Features
Yes
Property Sub Type
Office
New Construction
No
Bathrooms Three Quarter
0

Property Features

Business Type: Accounting; Administrative and Support Current Use: Vacant Possible Use: Commercial; Medical/Dental; Office Commercial Features: ADA Qualified; Employee Lounge; Employee Restrooms; Fiber Optic Available; Security System Ceiling Height: 8' - 10.9' Electricity Features: 110 Volt; 220 Volts; Circuit Breakers Lot Features: City Lot Location: Central Business District; Office Park Levels: One Square Footage Description: Ofc. Bldg 2500-5000 SF Expenses Include: Electric; Insurance; Janitorial Service; Licenses; Maintenance; Taxes; Trash Removal; Water/Sewer Walls - Interior: Sheetrock Lighting: Fluorescent Flooring: Carpet; Combination Accessibility Features: Accessible Common Area Cooling: Central Air Heating: Central; Electric Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; See Remarks Sale Options: Will Lease Roof: Metal Driveway Features: Concrete Drive Parking Features: Concrete; On Site Additional Transportation: City Street; Paved Flood Insurance: Subject to Survey Approx Age Code: Older 25+ Years

Address and Location Information

Street Number
831
Street Name
Highway 90
County
Hancock
State
MS
Zip Code
39520
Parcel Number
137g-0-25-025.004
Subdivision
Metes And Bounds
Directions to Property
Located next to Ochsner Hospital.
N or S of I-10
S
N or S of CSX Railroad Track
N

Listing Information

Property Sub Type
Office
Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
4497
Tax Year
2024
Zoning
Hwy Commercial District
Flood Insurance Required?
Subject to Survey
Leasehold Y/N
No
Association
No
Legal Description
PT. J. BOUQUIE CL.

Auction

Auction
No

More Information

Parking Features

Parking Total
16
Concrete
Yes
On Site
Yes

Showing Requirements

Showing
Appointment Required

Basement Features

Basement
No

Parking Spaces

# Parking Spaces Uncovered
16

Location

Central Business District
Yes
Office Park
Yes

Remarks & Miscellaneous

Public Remarks
Fully Leased 3,118 SF Bay St. Louis Medical Office Building- with a 5-Year National Medical Tenant | Forward 9% Cap | Annual Escalations. Turnkey income-producing commercial property in Bay St. Louis, Mississippi, secured by a 5-year lease with a national medical tenant beginning 11/15/2025. The lease includes contractual annual rent increases, delivering an initial 8.00% cap rate and a forward cap approaching 9% by Year 5. The newly renovated 3,118 SF single-tenant building is located just off Highway 90 within a well-established medical and professional office complex adjacent to Ochsner Medical Center. Zoned C-3 (Highway Commercial) with 16 dedicated parking spaces, the property supports medical, professional, and retail office uses while providing strong long-term tenant demand and re-tenanting optionality. Cap Rate schedule: Year 1 - 8.00%, Year 2 - 8.25%, Year 3 - 8.49%, Year 4 - 8.75%, Year 5 - 9%. Detailed Cap Rate schedule attached. Buyer and their agent to verify all information.

Current Use

Vacant
Yes

Possible Use

Commercial
Yes
Medical/Dental
Yes
Office
Yes

Business Type

Accounting
Yes
Administrative and Support
Yes

Lot Features

City Lot
Yes

Levels

One
Yes

Sewer

Public Sewer
Yes

Commercial Features

ADA Qualified
Yes
Employee Lounge
Yes
Employee Restrooms
Yes
Fiber Optic Available
Yes
Security System
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
See Remarks
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Ceiling Height

8' - 10.9'
Yes

Electricity Features

110 Volt
Yes
220 Volts
Yes
Circuit Breakers
Yes

Walls - Interior

Sheetrock
Yes

Square Footage Description

Ofc. Bldg 2500-5000 SF
Yes

Flooring

Carpet
Yes
Combination
Yes

Expenses Include

Electric
Yes
Insurance
Yes
Janitorial Service
Yes
Licenses
Yes
Maintenance
Yes
Taxes
Yes
Trash Removal
Yes
Water/Sewer
Yes

Accessibility Features

Accessible Common Area
Yes

Cooling

Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Foundation Details

Slab
Yes

Sale Options

Will Lease
Yes

Exterior Construction/Siding

Brick Veneer
Yes

Roof

Metal
Yes

Driveway Features

Concrete Drive
Yes

Lighting

Fluorescent
Yes

Flood Insurance

Subject to Survey
Yes

Additional Transportation

City Street
Yes
Paved
Yes

Approx Age Code

Older 25+ Years
Yes

Uncovered Parking?

1-25 Spaces
Yes
Listing Office: Coldwell Banker Alfonso Realty-Lorraine Rd
Listing Agent: Carl A Larosa
Source MLS Verified
Last Updated: July - 06 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.