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$350,000
Est. payment /mo
2,617 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,617 sqft
Price per Sqft $133
MLS Listing ID 4168323
Year Built 1994
Annual Tax Amount $4,024
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Office
Source MLS United
Property Description
Multi-Tenant Commercial Investment Opportunity
4423 Leisuretime Drive is a 2,617-square-foot, multi-tenant commercial property situated on a prominent 0.37-acre corner lot in Diamondhead, Mississippi. Constructed with S-class steel construction, the property features five (5) individual commercial units configured primarily for office and retail use. The building is currently 40% occupied, providing an investor with existing rental income and the opportunity to increase cash flow through the lease-up of the remaining available space.
Offered at $350,000 ($133.74/SF), the property represents an opportunity to acquire a relatively small-scale commercial asset with multiple potential income streams, a corner-lot location, and additional upside through occupancy stabilization.
Location Overview
Situated along Leisuretime Drive, the property occupies a corner location within an established commercial corridor serving the Diamondhead community. The immediate area features a mix of professional offices, medical providers, neighborhood retailers, personal service businesses, and other local businesses that support the surrounding residential population. Its location within Diamondhead's established business district provides convenient access to everyday services and amenities, while Interstate 10 offers regional connectivity to Bay St. Louis, Gulfport, and the broader Mississippi Gulf Coast.
4423 Leisuretime Drive is a 2,617-square-foot, multi-tenant commercial property situated on a prominent 0.37-acre corner lot in Diamondhead, Mississippi. Constructed with S-class steel construction, the property features five (5) individual commercial units configured primarily for office and retail use. The building is currently 40% occupied, providing an investor with existing rental income and the opportunity to increase cash flow through the lease-up of the remaining available space.
Offered at $350,000 ($133.74/SF), the property represents an opportunity to acquire a relatively small-scale commercial asset with multiple potential income streams, a corner-lot location, and additional upside through occupancy stabilization.
Location Overview
Situated along Leisuretime Drive, the property occupies a corner location within an established commercial corridor serving the Diamondhead community. The immediate area features a mix of professional offices, medical providers, neighborhood retailers, personal service businesses, and other local businesses that support the surrounding residential population. Its location within Diamondhead's established business district provides convenient access to everyday services and amenities, while Interstate 10 offers regional connectivity to Bay St. Louis, Gulfport, and the broader Mississippi Gulf Coast.
Location
State MS
County Hancock
Exterior
Parking Features On Site, Parking Lot
Garage No
Building
New Construction No
Others
Tax ID 132h-1-03-003.006
Virtual Tour https://www.propertypanorama.com/4423-Leisure-Time-Drive-Diamondhead-MS-39525/unbranded
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by McEnery Residential, LLC
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