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Listed price in listed location currency (USD).
$635,000

0316

MLS® 4132607

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 3118 sqft
Garage No
Maintenance Fees 
Taxes $4,497
Days Active 94
Approx. Age 1987
Avg. Price Per Sqft $203
MLS® Number 4132607

Property Address: 831 Highway 90, Bay Saint Louis, MS, 39520-1623

Average square foot calculated using Size range provided by listing agent.

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 information.
MLS® Number4132607
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1987
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 26, 2025List Date
$635,000List Price
  • Commute

Commute

Starting Address
Destination Address
831 Highway 90, Bay Saint Louis, MS

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