The Cornerstone of Downtown Biloxi; Presenting The Historic Barq Building of the Vieux Marche. This property is now available for Sale or Lease.With rental rates starting at $6/sf this property makes sense for upgrades to bigger space some renters never thought they\'d see again in the downtown business district. The City of Biloxi welcomes after hours businesses such as restaurants, pubs, retail, and hospitality. The building and the Vieux Marche lay out perfectly for walk around traffic. Take advantage of the tax incentives for redevelopment downtown as Biloxi begins its march back atop the Coast.
Attached is a flyer for your convenience. If you or some of your clients have any questions about the property, I am at your disposal.
1. Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530
Snapshot Offering Highlights
Development Historic Downtown Biloxi Central Business District
Opportunity: Office, Retail, Close Proximity to US Hwy 90, Interstate 110,
Hospitality, Restaurant, Casino Row
Pub, Medical, Several Financial Incentives Available
Investment Cornerstone landmark located at the entrance to the
Year Built: campus style setting of the Vieux Marche Mall.
Approx SF: 45,000 Some tenants in place.
Asking Price: $3,250,000
Rental Rate: Starts at $6/sf
To learn more, please contact: Charles Taylor Alan Weaver
Advisor Advisor
Grubb & Ellis | Sawyer Commercial
2510 14th Street 228.314.5004 228.217.4644
Suite 1013 charles@sawyercommercial.com alan@sawyercommercial.com
Gulfport, MS 39501
228.863.0232 main
228.863.0632 fax
www.sawyercommercal.com
3. Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530
Located on hard corner of
Reynoir Street and Howard
Avenue with signaled four
way traffic light.
Located immediately
between Saenger Theater
($825k renovation
underway) and proposed
18,000sf live music venue.
Access drive great for valet
service, horse drawn
carriage, or executive
access.
One way traffic thru Vieux
Marche, Howard Ave,
welcomes walk around
traffic.
PUBLIC PARKING Property has alleyway
Saenger
Theater 230+ Spaces adjacent to east side of
property for easy access
from public parking lot in
rear.
Property is adjacent to
Biloxi Regional Hospital.
Biloxi Regional
Medical Center
4. Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530
Financial & Tax Incentives
Grants Available
CDBG Program for Economic Development Industrial Property Tax Exemption
CDBG Loan for Economic Development Jobs Tax Credits
CDBG for Emergency Projects Manufacturing Investment Tax Credits
CDBG for Public Facilities Projects Motion Picture Production Tax Incentive
CDBG for Self Help Projects Program
Development Infrastructure Grant Program (DIP) Mississippi Aerospace Initiative Incentives
Economic Development Highway Grant Program (EDH) Program
Small Municipal and Limited Population Counties Grant ProgramCommunityMississippi Clean Energy Initiative Program
Heritage Preservation Grant Program
Mississippi Archaeological Research Grant Program Mississippi Data Center Incentives
Hurricane Relief Grant Program for Historic Preservation Mississippi Equity Investment Tax Credits
Historic Tax Credits Program National or Regional Headquarters Tax Credits
National or Regional Headquarters Sales Tax
Credit
Property Tax Exemption for Industrial Revenue
Loans Available Bond Financing
Property Tax Exemption on In-State Inventory
Property Tax Exemption for Broadband
Business Incubator Loan Program
Technology
Capital Access Contract Loan Program
Property Tax Fee in Lieu
Capital Access Loan Loss Reserve Program
Research and Development Skills Tax Credits
Capital Improvements Revolving Loan Program (CAP)
Rural Economic Development
Energy Investment Loan Program
Sales and Use Tax Exemption for Bond
Existing Industry Productivity Loan Program
Financing
Freight Rail Service Revolving Loan Program
Sales and Use Tax Exemption for Construction
Job Protection Loan Program or Expansion
Minority Business Enterprise Loan Program (MBE) Sales Tax Exemption for Broadband
MS Business Investment Act Loan Program (MBIA) Technology
Research and Development Loan Program Sales Tax Exemption for Motion Picture
Production
Skills Training Income Tax Credits
Tax Summary
Tax Exemptions, Incentives and Credits. Tourism Rebate Program
Advantage Jobs Program
Broadband Technology Tax Credits GO business abatement is offered by City of Biloxi
for new ZONE STILL businesses
A seven year tax
development. This locks
Free Port Warehouse Property Tax Exemption into current tax rate for seven years.
Growth and Prosperity Program
Industrial Property Tax Exemption
AVAILABLE UNTIL THE
Jobs Tax Credits
Manufacturing Investment Tax Credits
END OF 2011
Motion Picture Production Tax Incentive Program
7. Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530
Floor Plan N
36’ 105’
ELEV
18’ 30’
25’
Reynoir Street
E
92’ 90’ 9 2’ 101’
175’
36’ 25’
Howard Avenue
Land
8. Development Opportunity
Historic Barq Building
824 Howard Ave. Biloxi, MS 39530
Plat
51.2
1410K-03-037.000 1410K-03-037.001
216.1
225.3
54.1
To learn more, please contact:
Charles Taylor Alan Weaver
Grubb & Ellis | Sawyer Commercial Advisor Advisor
2510 14th Street 228.314.5004 228.217.4644
Suite 1013 charles@sawyercommercial.com alan@sawyercommercial.com
Gulfport, MS 39501
228.863.0232 main
228.863.0632 fax
www.sawyercommercal.com