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33824019
33824018

633 Delmas Ave, Pascagoula, MS 39567 For Sale

JC
MS 21700, MS B21700
Jared Crocker Broker
Listed by Jared Crocker Broker
$1,250,000
25 days on market
Updated 25 days ago
Opportunity zone

633 Delmas Ave

Details
Property Type Office
Sub Type Executive Office
Square Footage 10,847
Cap Rate 5.2%
NOI $65,000
Price per SqFt $115
Class B

About This Property for Sale

Marketing description

Downtown Pascagoula Executive Office Building | 10,000+ SF | Two-Unit Investment Opportunity Premier opportunity to acquire a high-end, fully furnished professional office building in the heart of downtown Pascagoula. Encompassing over 10,000 square feet, this property is configured as two total units, providing both scale and flexibility for owner-occupants or investors. Unit A is beautifully finished, featuring multiple executive offices, conference space, reception area, waiting areas, breakroom/kitchenette, and well-appointed restrooms. The interior showcases quality finishes throughout including tile flooring, custom cabinetry, solid wood doors, upgraded lighting, and executive furnishings. Designed for professional use, the layout is ideal for law firms, financial services, medical users, corporate offices, or multi-tenant executive suites. Unit B is fully furnished and currently listed for lease, creating immediate income potential and positioning the property as a partially stabilized investment. The dual-unit configuration allows for: • Owner-occupy one side and lease the other • Full investment hold with strong cash-flow upside • Conversion to multi-tenant executive suites The property also includes approximately 2,000 square feet originally started for an apartment conversion, with a portion currently utilized as storage. This offers future mixed-use potential, live/work flexibility, or additional office buildout. Strategically located within walking distance to restaurants, government offices, financial institutions, and the Pascagoula waterfront, this building offers both convenience and executive presence in one of the city's most established commercial corridors. A rare large-scale downtown asset with flexibility, quality, and upside.

Investment highlights

Asking Price: $1,250,000

Unit B Listed for Lease at $7,000/Month — $84,000 Annual Gross Income Potential from Unit B Alone

Dual-Unit Configuration — Owner-occupy one side, lease the other, or lease both for maximum cash flow

Full Stabilization Upside — Two leasable units with strong income potential upon full occupancy

10,000+ SF of Finished, Furnished Space — Turnkey condition; minimal capital needed to activate

Mixed-Use Development Potential — ~2,000 SF of unfinished space with apartment conversion opportunity

Rare Downtown Asset — Large-format professional office buildings of this caliber are scarce in Pascagoula

Prime Location — Walking distance to government offices, courts, financial institutions, and the waterfront

Flexible Exit Strategies — Owner-occupy, full investment hold, or multi-tenant executive suite conversion

Fully Furnished — Both units delivered move-in ready, reducing friction and time-to-income

Listing Contacts

JC
MS 21700, MS B21700
Jared Crocker Broker
Listed by Jared Crocker Broker

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$65,000.00
$5,416.67/mo

Valuation Metrics

0
DSCR
5.2%
Cap Rate
5.2%
ROI

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Additional Information

Name
Jared Crocker
License
21700
Brokerage
Jared Crocker
Title
Real Estate Broker
Brokerage Address
709 Delmas Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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