Active
525 Porter Avenue
Ocean Springs MS, 39564
$1,100,000
$270.94 per sqft
Active
5 Beds
4 Baths
4,060 sqft
Commercial
Built in 1900
Listed by Kristen R Price 228-257-0678 with Keller Williams
PRICED 330k BELOW RECENT APPRAISAL! Sellers will look at all reasonable offers. Explore this exceptional investment opportunity in the heart of Ocean Springs with this unique double lot property featuring a beautifully restored historic residence. This property offers 150 feet of road frontage on Porter Avenue and spans 4,060 square feet. The front lot is zoned CMX-1, ideal for commercial uses such as retail shops, office spaces, or mixed-use developments. With high-traffic exposure on Porter Avenue, this is a prime location for any business venture. The rear lot, zoned R-2, provides potential for residential development, including multi-family housing or a private residential retreat, extending back to the railroad tracks for additional space and opportunities. The centerpiece of this property is a stunning three-story residence that has undergone a million-dollar restoration. As one of the oldest buildings in Ocean Springs, it features historic charm combined with modern upgrades. This versatile space is perfect for a boutique bed and breakfast, an event venue, or a prestigious private home. Situated just 1/3 mile from the beautiful Ocean Springs Beach and steps from downtown's shops & restaurants, this property is ideally positioned for both business and leisure. Don't miss out on this rare chance to own a piece of Ocean Springs history and explore exciting development possibilities. Act now to make your mark in one of Mississippi's most charming and vibrant communities!
4085153
MLSⓇ ID
July 11, 2024
Listed
August 26, 2024
Updated
Map
525 Porter Avenue
Ocean Springs MS, 39564
Interior Features
Total Stories
3
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Floor Description
Carpet, Slate, Tile, Wood
Fireplace
Yes
Cooling
Yes
Cooling Description
Ceiling Fan(s), Ductless, Multi Units, Zoned, Individual Cooling
Heating
Yes
Heating Description
Ductless, Fireplace(s), Zoned, Individual Systems
Exterior/Building Features
Lot Size
2.81 Acres
Exterior Features
Balcony
Lot Features
Partially Wooded
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$6,254
Tax Frequency
Annually
Garage
No
Parking
Gravel
Parking Total
6
View
No
County
Jackson
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/22/2024 | Price change | $1,100,000 -19% |
7/26/2024 | Price change | $1,350,000 -10% |
The IDX display contains information sourced from the MLS United as of 8/26/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/26/2024 at 4:58 PM UTC