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.
Listed By
Agency Name: Prosper Realty
Shown By
Agent Name: Rhonda Burnett
Agent Phone: (601) 291-2706
Agency Title: McIntosh & Associates, LLC, REALTORS®
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
12874 Lorraine Road | MLS# 4166156
This commercial property located at 12874 Lorraine Road, Biloxi, MS 39532 is currently listed for sale with an asking price of $675,000. Search Biloxi real estate on www.rhondaburnett.com today.