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About This Home
This 0-bedroom, 2-bathroom commercial at 831 Highway 90 in Bay Saint Louis, MS is listed for $635,000 ($204 per sqft). Built in 1987, the home offers 3,118 sqft of living space on a 0.25 acres lot.
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.
Key Features
- Built in 1987
- 0.25 acre lot
- 16 parking spaces
Property Details
Monthly Cost Estimate
$3,396/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
831 Highway 90
Bay Saint Louis, MS 39520
Metes And Bounds
Property Details
Flooring
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 831 Highway 90 is listed at $635,000 ($204/sqft). The estimated monthly payment is $2,752 based on 20% down at 6.5% interest.
Key features include: Built in 1987, 0.25 acre lot, 16 parking spaces.
This property is listed by Carl A Larosa and can be reached at 2286694018 or carllarosarealtor@gmail.com.
