1102 Government Street, Ocean Springs, MS 39564

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List Price
$3,100,000
Status
ACTIVE
Days on Market
124
MLS#
4150624
Subtype
Commercial Sale
Year Built
1928
Bathrooms
3
Full Baths
3
Living Area
4,400
Lot Size
17,424
Acres
0.40

Property 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.

Additional Information

Roof
Shingle

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Listing courtesy of Coldwell Banker Alfonso Realty-OS-B/O.