- For Sale $975,000
- 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 21, 2026
Description
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.
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)
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Contacts
Tim Carlson
Southeast Commercial Real Estate
Location
Contact Listing Broker
Tim Carlson
Southeast Commercial Real Estate
