831 Highway 90 Waveland, MS 39520
Fully Leased 3,118 SqFt Bay St. Louis Office - over an 7% Cap, Annual Rent Escalations, Low-Maintenance Investment .
Turnkey income-producing commercial property in a prime Bay St. Louis location. As of 11/15/2025, the building is secured with a 5-year tenant, providing an immediate and stable 7.25% cap rate with annual rent escalations. Situated off Highway 90 in a well-established medical office complex next to Ochsner Medical Center, this asset offers steady long-term demand and excellent visibility.
The 3,118 SqFt building has been recently updated with new paint, new flooring, LED lighting, active security system, and multiple fiber-optic service providers, ensuring low maintenance and modern operational efficiency. Zoned C-3 (Highway Commercial) with 16 dedicated parking spaces.
A rare opportunity to acquire a fully leased, low-maintenance commercial asset in a fast-growing Gulf Coast market. Buyer and their agent to verify all information.
3,118 sqft
0.25 acres
1987
4132607
3