Exceptional Redevelopment Opportunity
400 N 2nd St Bay St. Louis, MS 39520

Overview
Exceptional redevelopment opportunity available at 400 North Second Street in the heart of Bay St. Louis, MS, just a few blocks from Bay St. Louis' beachfront entertainment district. Situated on 2.08 acres, this property features three distinct structures totaling approximately 47,209 SF: a three-story ±36,651 SF main building offering large open floorplates, high ceilings, and a central auditorium space; a one-story ±3,672 SF former office building; and a one-story ±6,886 SF former cafeteria with a wide-span layout and a partially built-out commercial kitchen area. With ±420 feet of frontage along Ulman and Carroll Avenues and ±216 feet along North Second Street, the site offers outstanding visibility and accessibility for a variety of future commercial, residential, or mixed-use concepts. Bay St. Louis is a charming coastal community celebrated for its vibrant arts scene, boutique shopping, lively dining, and beautiful beaches, earning national recognition as one of America’s best small beach towns. The property sits within a highly desirable area, just a few blocks from the beachfront, drawing locals and visitors alike, and is strategically zoned C-2 (Neighborhood Commercial District), R-2 (Residential District), with a Historic District Overlay; supporting a multitude of redevelopment possibilities. The site boasts a land-to-building ratio of 1.92:1, with ±90,720 SF of level topography and existing utilities including electricity, natural gas, water, sewerage, telephone, and subsurface drainage. All measurements are approximate and not guaranteed, and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. Property to be sold in “as is, where is" condition.
Investment Highlights
- The site was originally home to Old Bay St. Louis High School then Second Street Elementary School.
- Three buildings or ± 47,209 SF of Improvements on ± 2.08 Acres, subject to re-subdivision.
- 36,651 SF three-story Main Building, built in 1927, in shell condition, includes classrooms, offices, auditorium, and gymnasium.
- 3,672 SF one-story Office Building, in shell condition, includes offices, restrooms, and storage space.
- 6,886 SF one-story Cafeteria Building, in fair condition, includes a large open area and a commercial kitchen.
- Zoning: C-2 (Neighborhood Commercial District), R-2 (Residential District), with a Historic District Overlay.
- https://vimeo.com/1078724342
Attachments
For Sale
Secondary Uses: School
- Sale Price
- $4,500,000
- Price Per SF
- $95.3/SF
- Building Size
- 47,209 SF
- Acres
- 2.08 ac
- Number of Buildings
- 3
- Floors
- 3
- Construction Type
- Framed
- Property Status
- Existing
- Lot Size
- 216' x 420'
- In Opportunity Zone
- Yes
- County
- Hancock
- Created
- 2025-06-03
- Updated
- 2025-08-19
- Listing ID
- cf83eb74
- Parcel APN
- 149F-0-29-083.000