1102 Government Street
Ocean Springs, MS, 39564 $ 3,100,000
Bedrooms-- Baths3.0 Sq 4,400 Monthly Estimate*
$ 19,087
for $3,100,000 with 3 full baths. This 4,400 square foot building was built in 1928 on a lot size of 0.4.
Rare redevelopment opportunity in the heart of Downtown Ocean Springs. Positioned just steps from Washington Avenue, Cash Alley, Front Beach, restaurants, shopping, and entertainment, 1102 Government Street offers one of the few remaining large-scale redevelopment parcels in one of Mississippi's most desirable coastal downtown districts. The property features approximately 106' of frontage on Government Street with exceptional walkability, visibility, and development flexibility. Surrounded by thriving hospitality, dining, retail, and tourism activity, the site is ideally suited for a boutique hotel, mixed-use development, luxury short-term rentals, rooftop lounge, restaurant concept, or experiential entertainment venue. Conceptual plans illustrate the potential for a 4-story vertical mixed-use development featuring courtyard dining/event space, rooftop hospitality amenities, and integrated parking. The value of this offering is driven by the land, location, and long-term redevelopment potential in a supply-constrained downtown market. Ocean Springs continues to experience strong tourism, residential demand, and investment growth driven by its vibrant downtown district, coastal lifestyle, art scene, and proximity to Biloxi, Keesler Air Force Base, and the Mississippi Gulf Coast casino corridor. Premier location. Rare scale. Exceptional redevelopment potential.
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FeaturesGeneralProperty Subtype Mixed Use
Tax Year 2024
County Jackson
Property Type Commercial Sale
Status Active
City Ocean Springs
Lot Size Units Acres
Lot Size Square Feet 17424
Standard Status Active
Year Built 1928
New Construction false
Possible Use Development Retail Bar/Tavern/Lounge Hotel/Motel Restaurant
Virtual Tour https://www.propertypanorama.com/1102-Government-Street-Ocean-Springs-MS-39564/unbranded
Roof Shingle
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InteriorTotal Baths 3
Fireplace Y/N false
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ExteriorLot Size Area 0.4
Lot Size Acres 0.4
Lot Features City Lot
Building Area Total 4400
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* Excluded FeaturesList ByColdwell Banker Alfonso Realty-Os-B/OBroker
kbushcommercial@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $19,087
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyCommerical listings in Ocean Springs, MS
Average List Price $948,198
Percent of Sale Price 69%
About Ocean Springs, MS 18,401 Population
7% Since 2002
$ 59,682 Median Income
43.49 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/26/2026 | $3,100,000 | | Listed Price |