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About This Home

This 0-bedroom, 0-bathroom commercial at 238 Courthouse Road in Gulfport, MS is listed for $550,000 ($138 per sqft). Built in 1978, the home offers 4,000 sqft of living space on a 0.20 acres lot.

Agent Description

Position your portfolio for immediate return with this income-producing commercial opportunity at 238 Courthouse Rd This three-unit commercial building (AND ADDITIONAL LOT) is already generating revenue with a 7% cap rate, offering investors a solid, stabilized asset with dependable cash flow from day one.

Whether you're expanding your holdings or entering the market, this property delivers the kind of performance and predictability that matters. Strategically located with strong accessibility, the property benefits from consistent tenant demand and visibility--key drivers for long-term value and occupancy.

Additional Opportunity: 3 Income-Producing Units 7% Cap Rate Expansion Potential with Additional Lot Strong Location & Accessibility This is more than just a property--it's a scalable investment with upside built in. SEE AGENT NOTES FOR ADDITIONAL INFO

Key Features

  • Built in 1978
  • 0.20 acre lot

Property Details

1 story
1978

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

238 Courthouse Road

Gulfport, MS 39507

Fayers

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 238 Courthouse Road is listed at $550,000 ($138/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.

Key features include: Built in 1978, 0.20 acre lot.

This property is listed by Holly J Gibbs and can be reached at 2286973714 or brokergibbs@gmail.com.

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Holly J Gibbs

Agent at Crescent Sotheby's International

(228) 697-3714

Listed by Crescent Sotheby's International

MLS# 4142681· Source: listhub· Updated 24 days ago

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238 Courthouse Road, Gulfport, MS 39507

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