Waterfront Office & Restaurant Condo w/Income

For Sale

1302 Magnolia Street, Gulfport, MS 39507

This Gulfport property for sale is located at 1302 Magnolia Street. The general use of Waterfront Office & Restaurant Condo w/Income is retail and it incorporates 3,560 square feet of class A retail space. The current listed sale price for Waterfront Office & Restaurant Condo w/Income is $975,000. Waterfront Office & Restaurant Condo w/Income is situated on a lot that is 3.13 acre in size.

Contacts

Tim Carlson

Southeast Commercial Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 3,560 SF
  • Units 1
  • Lot Size 3.13 Acre
  • Parking Spaces Avail. 72
  • Parking Ratio 1.44 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2024
  • Date Updated Oct 26, 2026
North side of Magnolia Street just west of Lorraine Road in Gulfport, within the Magnolia Townhomes project.Completed in 2024, this 3,560 SF waterfront condo at 1302 Magnolia Street combines offices with existing income and a modern speakeasy style restaurant & craft cocktail bar and lounge, which includes all FF&E, and offers incredible views of Bernard Bayou. The office area consists of 5 large executive suites, currently producing approximately $5,000.00 per month in gross rent. The suites include Wi-Fi, utilities, breakroom, and a conference room, offering flexibility for a range of business needs. Modern finishes, recent construction, and a waterfront setting in Gulfport make this a distinctive option for an owner-user or investor. Other amenities include a spa like pool, dockage for short-term boat use and an executive gym.
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Highlights

  • 5-Minute Drive North to Interstate 10 or South to Highway 90/Beach Blvd.
  • All FF&E Included with Acceptable Purchase Contract
  • Ample Dockage for Short-Term Boating Access
  • Formerly: The Magnolia Room (A Speakeasy Concept). Owner Relocated to FL.
  • Large Contiguous Covered Outdoor Gathering Area
  • National & Regional Grocers within a 5-Minute Drive
  • Numerous New Retailer & Restaurants in the Immediate Area
  • Rare Waterfront Office & Restaurant Condo Overlooking Bernard Bayou
  • Resort Pool with Entertaining Area
  • Workout Facility (Adjacent Building)

Attachments

Getting around

  • 35/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Gulfport, MS
  • Zip Code 39507

Points of Interest

  • Gulfport (opens February 2025)

    4.63 miles

  • Biloxi (opens February 2025)

    8.19 miles

  • Walmart

    0.64 miles

  • Exxon

    1.12 miles

  • Kangaroo Express

    1.16 miles

  • Texaco

    1.64 miles

  • Clark's

    1.67 miles

  • Chevron

    3.26 miles

  • Circle K

    3.78 miles

  • Shell

    4.11 miles

  • Tesla Supercharger

    8.95 miles

  • IVCR Employee parking

    5.01 miles

  • Hardy Hall Parking Lot

    7.37 miles

  • Tennis Court Parking Lot

    7.38 miles

  • Lofty Lot

    7.44 miles

  • Vietnamese Martyrs Catholic Church

    9.59 miles

  • Blow Fly Inn

    0.16 miles

  • McDonald's

    0.28 miles

  • Taco Bell

    0.38 miles

  • KFC

    0.41 miles

  • Pizza Hut

    1.16 miles

  • Wendy's

    1.24 miles

  • Sonic

    1.31 miles

  • Felix’s Restaurant & Oyster Bar

    1.59 miles

  • Felix's

    1.59 miles

  • Cajun's

    1.69 miles

  • Walmart Neighborhood Market

    0.63 miles

  • Walmart Supercenter

    2.16 miles

  • JCPenney

    2.37 miles

  • Dillard's

    2.45 miles

  • Belk

    2.48 miles

  • Save-A-Lot

    2.96 miles

  • Ross

    4.35 miles

  • TJ Maxx

    4.41 miles

  • Gulfport Premium Outlets

    4.57 miles

  • Winn-Dixie

    5.28 miles

Contact Listing Broker
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