319 Caillavet Street, Biloxi, MS 39530
Metes And Bounds · Harrison County
Key Facts
Description
Newly reduced! Priced below appraised value. Seller will consider all reasonable offers. Prime commercial opportunity positioned just off Division Street in the heart of Biloxi, MS, along the thriving Mississippi Gulf Coast. Positioned one block south on Caillavet Street, this property benefits from steady neighborhood traffic, quick access to I-110 and downtown Biloxi, and a central location between Beau Rivage and IP Casino, as well as near Keesler Air Force Base. Surrounded by established residential neighborhoods and long-standing local businesses, this location offers strong visibility and long-term potential. This property is not turnkey — it's positioned. For the right investor, operator, or entrepreneur, the existing infrastructure, zoning, and location provide a strong foundation for redevelopment, repositioning, or a profitable commercial operation. The approximately 2,270-square-foot commercial building sits on a 0.09-acre commercially zoned lot and was previously operated as a convenience-style store. The open interior layout is supported by substantial existing refrigeration infrastructure, including multiple walk-in and upright cooler/freezer units, helping reduce upfront build-out costs for food, beverage, restaurant, or convenience-based concepts. The building offers substantial layout flexibility during build-out, allowing buyers to redesign and customize the space to accommodate a wide variety of business concepts and operational needs. A rear garage/loading and unloading area provides practical access for deliveries, storage, and inventory management. The property is vacant and offered strictly as-is. Select areas require renovation and updating, giving buyers the opportunity to customize and reposition the space for their intended use. Buyers are encouraged to explore the many possibilities this property offers and complete any desired due diligence regarding zoning, intended use, Development Review Committee requirements, and city approvals to fully maximize the property's potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1980
Stories
1
Living Area
2,270 sq ft
Lot Size
0.08 acres
Lot Dimensions
49x78
Days on Market
172
MLS® Listing#
4136559
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$1,441
Tax year 2025
Parcel Number
1410e-01-039.000
Directions
From I-110 take Division St. exit and travel east on Division Street. Turn right (south) onto Caillavet St. Property is approximately one block south of Division Street, on the left.
Affordability Calculator
$47,000
Estimated monthly payment
$1,251/mo
Principal $188,000 · Est. interest $262,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Biloxi, MS
- $319,162
- Median Listing Price
- 76
- Median Days on Market
- 1,800
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 351
- Active Listings
- This home’s price is 26% below the area median.
- Its price per sq ft is 40% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Biloxi, MS.
Location
Points of Interest in Biloxi, MS
Showing the Biloxi area map.
Nearby Schools
Gorenflo Elementary School
Elementary · 0.4 mi away
Mercy Cross High School
Secondary · 0.4 mi away
Moore Community House
School · 0.6 mi away
Nichols Elementary School
Elementary · 0.7 mi away
Nativity BVM School
School · 0.7 mi away
Cody Hall
Secondary · 1.5 mi away
Biloxi Public School District
School · 1.7 mi away
Michel 7th Grade School
School · 1.7 mi away
Biloxi Upper Elementary School
Secondary · 1.8 mi away
Biloxi Junior High School
Secondary · 1.8 mi away
School Administration
School · 2.0 mi away
Lopez Elementary School
Elementary · 2.2 mi away
Sacred Heart Catholic Elementary School
Elementary · 2.3 mi away
Jeff Davis Elementary School
Elementary · 2.5 mi away
Diberville Elementary School
Elementary · 2.6 mi away
D'Iberville Middle School
Secondary · 2.6 mi away
St Martin N Elementary School
Elementary · 2.6 mi away
Mustard Seed
School · 2.9 mi away
Biloxi High School
Secondary · 3.5 mi away
St Alphonsus Catholic Church
School · 3.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
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|---|---|---|---|---|
| 479 Linda Drive, Biloxi, MS | $164,900 | — | — | — |
| 1282 Beach Boulevard, Biloxi, MS | $168,000 | 1 | 1 | 700 |
| 15216 Lawton Drive, Biloxi, MS | $169,000 | 3 | 1 | 1,346 |
| Lot 32a Savannah Estates Boulevard, Biloxi, MS | $169,000 | — | — | — |
| 1775 Vaughn Street, Biloxi, MS | $169,000 | 3 | 1 | 1,037 |
| 168 Orchid Street, Biloxi, MS | $169,900 | 3 | 1 | 792 |
Moving Cost Estimate
EXIT Agents in Biloxi
Listing Courtesy: Adkison & Associates - 4196323090
Presented by: Kristen L Pitts