$675,000
( $120.54Per Sq Foot )
 $3,624 est/mo Sourced by Back At You

12874 Lorraine Road,Biloxi, MS 39532

Biloxi, MS 39532

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Description

Cash-flowing commercial investment in Woolmarket! This fully leased, multi-tenant property generates $6,600 in monthly rental revenue from three established tenants: a convenience store, full-service Mexican restaurant, and barber shop. Situated on approximately 0.78 acres, the ±5,600-square-foot building occupies a corner location on Lorraine Road. The building features a metal roof, along with interior and operational improvements. Beyond its existing rental income, the property offers potential for future redevelopment or additional uses. The site includes two 8,000-gallon underground fuel tanks that have recently passed environmental testing, offering potential for future gas station operations, subject to applicable permits and approvals. With three rental streams and a location in an area experiencing residential and commercial development, 12874 Lorraine Road offers investors existing income and long-term potential.

Details

MLS #4166156
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1950
Days On Site13
Listing Provided ByProsper Realty | Jo J Wedgeworth

Features

SQ Feet5,600
Story(s)1
Acreage0.78

Interior

CoolingCentral Air, Electric
HeatingCentral, Electric

Exterior

Exterior FeaturesAwning(s), Private Entrance
RoofMetal
Construction MaterialsBrick

Parking

Attached Garage Yes / NoNo
Parking FeaturesParking Lot, Paved

Taxes

Property4699

Area Information

StateMS
CountyHarrison
CityBiloxi
Zip Code39532
AreaHarrison
Listing VS Median (in 39532)
Price:
$675,000
low | high
Med:
$330,000
100% of Average
sqft:
5,600
low | high
Med:
1,902
100% of Average
$ / sqft:
$121
low | high
Med:
$174
6.057950695175% of Average
On site:
13
low | high
Med:
277
4.693140794224% of Average
Sourced by Back At You

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Learn More About This Property

StateMS
CountyHarrison
CityBiloxi
Zip Code39532
AreaHarrison
Listing VS Median (in 39532)
Price:
$675,000
low | high
Med:
$330,000
100% of Average
sqft:
5,600
low | high
Med:
1,902
100% of Average
$ / sqft:
$121
low | high
Med:
$174
6.057950695175% of Average
On site:
13
low | high
Med:
277
4.693140794224% of Average
Sourced by Back At You
Listing Updated: October 21, 2026 at 12:12:15 PM PDT