525 Porter Avenue, Ocean Springs, MS 39564

$1,100,000
5
BD
4
BA
4,060
SqFt
List Price
$1,100,000
Status
ACTIVE
Days on Market
88
Price Change
▼ $250,000 1724358675
MLS#
4085153
Subtype
Commercial Sale
Year Built
1900
Bedrooms
5
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
4,060
Lot Size
122,403
Acres
2.81
Subdivision
Old Ocean Spgs DT

Property Description

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!

Additional Information

Exterior Features
Balcony
Taxes
$6,254
Flooring
Carpet, Slate, Tile, Wood
Heating
Ductless, Fireplace(s), Zoned, Individual Systems
Air Conditioning
Ceiling Fan(s), Ductless, Multi Units, Zoned, Individual Cooling
Stories
Three Or More
Roof
Shingle

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams.