Bay St. Louis, MS High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bay St. Louis, Mississippi Market population: 10K. Explore income-producing properties with verified cap rates...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Bay St. Louis MS Properties: 1.4300%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Bay St. Louis MS
Common questions from investors exploring commercial real estate in Bay St. Louis MS.
What's the overall investment potential of Bay St. Louis, considering its demographics and economy?
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With a median household income of $53,419 and a poverty rate of 17.1%, Bay St. Louis presents a relatively stable market, especially when combined with its high health insurance coverage rate of 91.2% and a short average commute time of 24.4 minutes, indicating a reliable workforce and solid infrastructure for renters.
How does the city's ethnic diversity and industry landscape impact market demand for real estate investments?
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The city's diverse population, comprising 83.1% White, 10.4% Black or African American, and 2.3% Asian, along with its top industries in Health Care & Social Assistance, Retail Trade, and Accommodation & Food Services, suggests a steady demand for housing and commercial properties, particularly with a foreign-born rate of 3.4% contributing to a multicultural community.
What are the key factors to consider when assessing the quality of life in Bay St. Louis for potential tenants or homeowners?
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The average commute time of 24.4 minutes, high health insurance coverage of 91.2%, and a median age of 40.8, indicate a good quality of life, while the top commute methods of driving alone, working from home, and carpooling suggest flexibility and convenience, making Bay St. Louis an attractive location for both renters and homeowners, especially with a relatively low poverty rate.
How does the city's economic inequality and employment landscape influence real estate investment decisions?
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With a GINI coefficient of 0.443 and an employed population of 4,693, Bay St. Louis exhibits a moderate level of economic inequality, but the presence of strong industries like Health Care & Social Assistance and Retail Trade provides a foundation for employment stability, which, combined with a median property value of $173,400, suggests potential for long-term appreciation in property values.
What role do education and homeownership rates play in evaluating the stability and growth potential of the Bay St. Louis real estate market?
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The high school graduation rate of 87.2% and the percentage of the population with a Bachelor's degree or higher at 23.1%, along with a homeownership rate of 71.4%, indicate a relatively educated and stable community, which can contribute to a more predictable and potentially growing real estate market, especially when considering the city's median property taxes of $1,434 and the overall economic landscape.
Bay St. Louis MS Real Estate & City Facts
Key facts and real estate information about Bay St. Louis MS.
What are some of the best neighborhoods to live in Bay St. Louis?
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Some of the best neighborhoods to live in Bay St. Louis include Bayside Park and downtown Bay St. Louis. These areas offer a charming atmosphere, scenic waterfront views, and a sense of community. However, it's always a good idea to research and visit different neighborhoods to find the one that best fits your needs and preferences.
What are some fun things to do in Bay St. Louis?
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There are plenty of fun things to do in Bay St. Louis, including visiting the Bay Saint Louis Beach, exploring the city's marina and pier, and checking out the Alice Moseley Folk Art Museum and the L & N Historic Train Depot. You can also take a boat tour or go fishing in the nearby waters. Additionally, the city hosts various events and festivals throughout the year, such as the Second Saturday in the Bay, which features live music, food, and shopping.
What is the food scene like in Bay St. Louis?
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The food scene in Bay St. Louis is diverse and delicious, with a variety of restaurants serving fresh seafood, Southern cuisine, and other international flavors. Some popular restaurants include The Blind Tiger, 200 North Beach Restaurant and Bar, and Trapani's Eatery. There are also plenty of great food trucks and casual eateries to grab a quick bite. Whether you're in the mood for something fancy or laid-back, Bay St. Louis has something for everyone.
What are the pros and cons of living in Bay St. Louis?
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The pros of living in Bay St. Louis include its charming small-town atmosphere, scenic waterfront views, and a sense of community. The city also has a growing arts and cultural scene, with numerous galleries and festivals throughout the year. However, some cons include the potential for hurricane damage and flooding, as well as limited job opportunities in certain industries. Additionally, the city's infrastructure and transportation options may be limited compared to larger cities. Overall, Bay St. Louis is a great place to live for those who value a relaxed, coastal lifestyle and are willing to trade off some conveniences for a more laid-back pace of life.
Is Bay St. Louis a good place to live?
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Bay St. Louis is a great place to live for those who value a charming small-town atmosphere, scenic waterfront views, and a sense of community. The city has a growing arts and cultural scene, and its residents are friendly and welcoming. While it may have some limitations in terms of job opportunities and infrastructure, the city's relaxed pace of life and natural beauty make it an attractive option for those looking to escape the hustle and bustle of city life. Ultimately, whether Bay St. Louis is a good place to live depends on your individual priorities and preferences, but it's definitely worth considering for those who value a coastal lifestyle and a strong sense of community.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Bay St. Louis MS Commercial Property: $53,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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