NAI/Latter & Blum, on behalf of the ownership known as PBRC,
LLC, is pleased to offer for sale the property located at 220
West Beach Blvd., Long Beach, Ms. 39560. Said property consists
of approximately 10.83 acres of waterfront land.
This offering
represents the largest available commercial parcel on Hwy. 90
(West Beach Boulevard) in Long Beach, Mississippi. The parcel is
zoned C-2 and could be used to develop any number of commercial
applications including but not limited to; a marina, a
condominium or hotel development, or a combination of any of the
aforementioned. Long Beach is one of five Certified Retirement
Cities on the Gulf Coast and has been named one of "The 50 Best
Places to Live" by Modern Maturity. Long Beach is also is
included in David Savageau's “Retirement Places Rated.” The
Long Beach Harbor and Yacht Club are located just two blocks
east of the subject property at 203 West Beach Blvd. The City of
Long Beach’s plans are to extend the Harbor westward to the
eastern boundary of Jefferson Davis Avenue.
|
Size:
|
10.83 Acres |
|
Zoning: |
C-2
Commercial |
|
Frontage: |
450 feet on
Highway 90 (West Beach Blvd) |
|
Elevation: |
15 - 17 feet
above sea level |
|
Incentives: |
“GO ZONE”
eligible area |
|
Development
Coverage: |
Maximum of
80% of the gross area of the parcel |
Transaction
Process and Timeline
Property Tours:
For general
information, questions, or to schedule a tour, please call Lee
Sands at 504-913-2766, or Paul Richard at 504-957-5759.
Inspection/Due
Diligence Period: April 14, 2008 – May 15, 2008
The potential
Bidders will be allowed a formal due diligence period beginning
April 14, 2008 and ending May 15, 2008, during which time they
may conduct whatever due diligence is deemed necessary and
appropriate. All visits to the property must be by appointment
only and any potential bidder shall repair any damage to the
property caused by such activities and agrees to defend,
indemnify and hold harmless Seller and Latter & Blum, Inc. from
any and all claims, demands, actions, suits and judgments
against Seller for property damage, injuries, death or liens
arising out of or connected with any inspection or use of the
property by Purchaser or Purchaser’s agents, employees or
contractors.
All bidders shall be
responsible for conducting whatever due diligence is deemed
necessary and appropriate prior to the offering deadline of May
15, 2008.
Sealed Bid Offer Due
Date: The bid deadline is 2:00 P.M. CDT on May 15, 2008
Sealed Bids shall be
submitted on the attached Sealed Bid Offer Form and will be
received at the offices of NAI/Latter & Blum located at 430
Notre Dame St., New Orleans, LA.
