1102 Government Street, Ocean Springs, MS

Others for Sale - $3,100,000


Agent Info

Jennifer Gautier
Coldwell Banker Alfonso Realty, Inc.

Property Info

CIMLS#1191959
Location
  1102 Government Street
  Ocean Springs MS 39564
UpdatedMay 26th, 2026
TypeOthers
Price$3,100,000

Property Description

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.


Financials