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About This Home

This 0-bedroom, 3-bathroom commercial at 1102 Government Street in Ocean Springs, MS is listed for $3,100,000 ($705 per sqft). Built in 1928, the home offers 4,400 sqft of living space on a 0.40 acres lot.

Agent Description

Rare redevelopment opportunity in the heart of Downtown Ocean Springs. Positioned just steps from Washington Avenue, Cash Alley, Front Beach, restaurants, shopping, and entertainment, 1102 Government Street offers one of the few remaining large-scale redevelopment parcels in one of Mississippi's most desirable coastal downtown districts.

The property features approximately 106' of frontage on Government Street with exceptional walkability, visibility, and development flexibility. Surrounded by thriving hospitality, dining, retail, and tourism activity, the site is ideally suited for a boutique hotel, mixed-use development, luxury short-term rentals, rooftop lounge, restaurant concept, or experiential entertainment venue.

Conceptual plans illustrate the potential for a 4-story vertical mixed-use development featuring courtyard dining/event space, rooftop hospitality amenities, and integrated parking. The value of this offering is driven by the land, location, and long-term redevelopment potential in a supply-constrained downtown market.

Ocean Springs continues to experience strong tourism, residential demand, and investment growth driven by its vibrant downtown district, coastal lifestyle, art scene, and proximity to Biloxi, Keesler Air Force Base, and the Mississippi Gulf Coast casino corridor. Premier location. Rare scale. Exceptional redevelopment potential.

Key Features

  • Built in 1928
  • 0.40 acre lot

Property Details

3 full
1928

Monthly Cost Estimate

$16,579/mo

20% down · 6.5% · 30 years

Principal$2,242
Interest$13,433
Insurance$904

Estimates only. Actual payments may vary.

Location

1102 Government Street

Ocean Springs, MS 39564

Questions & Answers

This 0-bedroom, 3-bathroom commercial at 1102 Government Street is listed at $3,100,000 ($705/sqft). The estimated monthly payment is $13,433 based on 20% down at 6.5% interest.

Key features include: Built in 1928, 0.40 acre lot.

This property is listed by Kim R Bush and can be reached at 2282336336 or kbushcommercial@gmail.com.

KB

Kim R Bush

Agent at Coldwell Banker Alfonso Realty-OS-B/O

(228) 233-6336

Listed by Coldwell Banker Alfonso Realty-OS-B/O

MLS# 4150624· Source: listhub· Updated 6 days ago

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1102 Government Street, Ocean Springs, MS 39564

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