12874 Lorraine Road Biloxi, MS $ 650,000
12874 Lorraine Road
$ 650,000
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12874 Lorraine Road

Biloxi, MS, 39532
$ 650,000
Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

$ 4,002

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Commercial Property for sale in Biloxi, MS

for $650,000. This 5,600 square foot building was built in 1950 on a lot size of 0.78.

Cash-Flowing Multi-Tenant Commercial Corner in Woolmarket Now offered in Woolmarket, a fully-leased 5,600± SF commercial building positioned on ±0.78 acres at the intersection of Lorraine Road. The property is anchored by three established tenants — a convenience store, full-service Mexican restaurant, and barber shop — together generating over $6,500/month in rental revenue. In addition to reliable income, this property presents an exceptional redevelopment or value-add opportunity. The site includes two 8,000-gallon underground pumps/tanks that have recently passed environmental testing, paving the way for potential fuel/gas station operations. The structure features a metal roof, with recent improvements centered on interior and operational updates, while fresh exterior paint is currently underway and scheduled for completion soon. Woolmarket continues to experience rapid growth, increased traffic counts, and significant new residential and commercial development. For investors seeking both immediate performance and future upside, this corner property represents a compelling buy in a fast-developing submarket.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 4,699

Style

Mixed Use

Lot Size

0.78

Year Built

1950

Town/City

Biloxi

County/Region

Harrison

MLS | Web ID

4136764

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Roof Metal
Construction Materials Brick
Year Built 1950
Electric Fuses
Levels One
Property Subtype Mixed Use
Tax Year 2025
Current Use Commercial Mixed Use Retail
Business Type Barber/Beauty Commercial Convenience Store Food & Beverage Food Service Mixed Restaurant Retail
County Harrison
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Possible Use Service Station/Repair
Garage Y/N N
Status Active
City Biloxi
Lot Size Units Acres
Lot Size Square Feet 33976.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4699.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/12874-Lorraine-Road-Biloxi-MS-39532/unbranded
Standard Status Active
Year Built Source Public Records
Legal Description LOT 7 BLK. 2 WOOLMARKET SUBD.
Senior Community None
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Exterior
Exterior Amenities Awning(s) Private Entrance
Parking Features Parking Lot Paved
Water Source Private
Lot Size Area 0.78
Spa N
Building Area Total 5600.0
Lot Size Acres 0.78
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Ceramic Tile Tile Vinyl
Basement (Y/N) N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 12874
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* Excluded Features
List By
Jo J Wedgeworth

Listing Agent

Prosper Realty

Broker

jocoastrealtor@gmail.com

Email

Affordability Calculator

$4,394
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$392
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1580642 Elementary School
1580615 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$650,000 Listed Price

Map


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12874 Lorraine Road, Biloxi, MS, 39532 is a Commercial Property for sale at $650,000 with 5,600 sqft and a lot size of 0.78. 12874 Lorraine Road was built in 1950. The property's zip code is 39532 which is in Biloxi, MS