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About This Home
Built in 1899, this commercial property at 3015 Magnolia Street in Pascagoula, MS, sits on a 0.18-acre lot in the Metes and Bounds area, offering 6,800 square feet of potential in the downtown business district. The existing structure features first-floor ceiling heights of at least 11 feet and second-floor heights of 9 feet, providing ample vertical space.
Zoned for commercial use, the district permits new building on up to 70% of the lot area, making it an ideal location for development. Note that it is in Flood Zone AE with a base flood elevation of 13 feet; check with the city for any elevation requirements. In Pascagoula's market, where the median price stands at $174,900, this $49,500 listing presents a notable opportunity in a market with 91 active listings.
Ideal location to build in the DOWNTOWN Business District in Pascagoula. This district allows for 70% use of the lot area for New Building. First floor ceiling heights minimum of 11, second floor ceiling height of 9'. Flood Zone is AE BFE 13. Check with city for elevation requirements.
Key Features
- Built in 1899
- 0.18 acre lot
Property Details
Monthly Cost Estimate
$265/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3015 Magnolia Street
Pascagoula, MS 39567
Metes And Bounds
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 3015 Magnolia Street is listed at $49,500 ($7/sqft). The estimated monthly payment is $215 based on 20% down at 6.5% interest.
Key features include: Built in 1899, 0.18 acre lot.
This property is listed by Duncan M Noble and can be reached at 2284974123 or duncannoble@icloud.com.
