14,500 Sf Mixed Use Income Property, DESTIN

$2,250,000

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0 Bed
0 Bath
31,363 Sqft
.72 Acre
0 Garage

VALUE ADD OPPORTUNITY ~ Available for purchase ~ 14,500 SF mixed use income producing property. This property consists of two 7,000 SF (+/-) buildings with 12 units on .72 acres. The front building is 5000 SF office / retail space with an adjacent 2,000 SF warehouse. The rear building is 7,500 SF two story brick building with 10 units (5 up/ 5 down) consisting of 3 residential 1 bedroom apartments, 2 office units and 5 retail units. This property is centrally located in Destin along Main Street just north of the Post Office and the new Publix Shopping Center. This property has many leases under market value and with the addition of Publix nearby, I feel rents will be climbing well into the future.

Essential Information

Status
Active
MLS® #
937982
Price
$2,250,000
Days On Website
144
Square Footage
31,363
Acres
0.72
Type
Commercial Sales

Community Information

Area
Destin
SubArea
03 WEST DESTIN
City
DESTIN
County
OKALOOSA
State
FL
Zip Code
32541

Address

14,500 Sf Mixed Use Income Property

Exterior

Lot Description
100 x 315

Additional Information

Days on Website
144
Zoning
TC Mixed Use

Listing Details

Office
Taylor Allen Properties LLC
Property History
Price Reduced from $2,799,999 to $2,250,000

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Listing information last updated on April 29th, 2024 at 6:30am CDT.