$85,000
1160 Iola Road Ocean Springs, MS 39564
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$85,000
Est. payment /mo
0.47 Acres Lot
UPDATED:
08/24/2024 04:47 AM
Key Details
Property Type Commercial
Sub Type Unimproved Commercial Lot for Sale
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4068997
HOA Y/N Yes
Originating Board MLS United
Annual Tax Amount $1,813
Lot Size 0.470 Acres
Acres 0.47
Property Description
Prime opportunity to own one of very few waterfront commercial lots in the downtown area of Ocean Springs! Located in the golf cart district facing HWY 90 less than half a mile from the public beach, just east of Lovers Lane. The lot Zoned Commercial Highway which allows for a very wide array of commercial uses and structures. At just under half an acre (0.47) with roughly 65 feet of waterfront on a corner lot in the highly desirable downtown area this lot is one of the last of its kind in Ocean Springs. Permitted uses for CH zoning include but not limited to Regional shopping centers, hotels, short term rentals, retail, restaurants, bars, convenience stores, professional services, storage, durable goods sales, colleges and universities, and facilities for public administration, public safety, transportation and much more; CH zoning is the most extensive commercial zone and allows for structures 6 stories or 75 feet high, according to Ocean springs Municipal code. These options make this lot a dream lot for developers, entrepreneurs, investors, colleges, and even home owners. While much of the land is considered a freshwater emergent wetlands, the Geological engineer who conducted previous diliniation on the property stated that acquiring a permit through the Corps of Engineers to build on the lot would likely not be an issue. Agent cannot verify though so Buyers encouraged to conduct their own due diligence to verify prior to closing. The lot is located a few hundred feet to the west of Bacchus on the bayou and Eat drink love, facing the same service road as you head towards Lovers Lane. Don't miss out on rare opportunity!
Location
State MS
County Jackson
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Yes
Waterfront Description Bayou
Building
Lot Description Corner Lot, Views, Wetlands, Wooded
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Oak Park
Others
HOA Fee Include Other
Tax ID 60224010.035
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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