1705 Government Street, Ocean Springs, MS 39564
1705 Government Street, Ocean Springs, MS 39564
1705 Government Street, Ocean Springs, MS 39564
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Dawson Grey Real Estate

Dawson Grey Real Estate

+1(225) 325-5555
$784,000
Est. payment /mo
3 Beds
2 Baths
1,620 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $483

Subdivision Weed Davis

MLS Listing ID 4127827

Bedrooms 3

Full Baths 2

Year Built 1910

Annual Tax Amount $2,330

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 55.0 X 130.0

Property Sub-Type Other

Source MLS United

Property Description

THE CROWN JEWEL OF GOVERNMENT STREET — DOWNTOWN SCARCITY, INCOME POTENTIAL & COMMERCIAL LAND VALUE. Positioned in the heart of Downtown Ocean Springs, 1705 Government Street offers something increasingly difficult to replicate: an established 3BR/2BA short-term rental situated on commercially zoned property along one of the city's most visible and walkable corridors. Unlike a conventional residential STR acquisition, the investment thesis here extends beyond rental income to the underlying commercial real estate and its potential for future alternative uses. COMMERCIAL ZONING & OPTIONALITY: The property is located within the C-H Regional Commercial District / Downtown Overlay District. Its zoning creates potential for a range of commercial, hospitality, retail, office, food-and-beverage, live-work and redevelopment concepts, subject to applicable zoning, permitting, licensing, building-code and other governmental requirements. Buyers should independently verify their intended use with the City of Ocean Springs. CURRENT INCOME-PRODUCING USE: Continue operating the furnished 3BR/2BA short-term rental known as "Mona Lisa," or evaluate the property for an alternative commercial or mixed-use concept. Its Government Street location, commercial frontage, walkability and on-site parking distinguish it from typical residential vacation-rental properties. THE PROPERTY: Originally built in 1910 and extensively renovated since that time, this approximately 1,620 SF property combines historic character with modern finishes, including high ceilings, granite countertops and smart-home features. Dedicated on-site parking accommodates approximately five vehicles—an especially valuable feature in the downtown district. Convenient to downtown dining, boutiques, entertainment, festivals and nightlife. Public water, sewer and electric available. Whether considered as a furnished vacation rental, live-work property, commercial investment, redevelopment opportunity or long-term downtown land holding, 1705 Government Street offers an unusually broad range of potential strategies. Buyer and/or his agent to verify all information material to buyer, including zoning, permitted uses, STR regulations, licensing, flood-zone status, square footage, parking capacity and redevelopment potential. Showings by appointment only.

Location

State MS

County Jackson

Direction From the intersection of Washington and Government streets head east app. .4 miles. Property is located on left (north) side of Government Street just past Denny Street intersection.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Combination, Laminate, Simulated Wood, Wood

Exterior

Exterior Feature Private Yard

Parking Features See Remarks, Concrete

Utilities Available Electricity Connected, Sewer Connected

Garage No

Building

Lot Description Fenced

Foundation Pilings/Steel/Wood

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Private Yard

New Construction No

Others

Tax ID 6-15-90-036.000

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MLS United(Mississippi)
Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by Real Broker, LLC.

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Dawson Grey Real Estate
Dawson Grey Real Estate

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+1(225) 325-5555 | info@dawsongrey.com

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