14,500 Sf Mixed Use Income Property, DESTIN

$2,250,000

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
MLS® #937982
Price$2,250,000
Square Footage31,363
Acres0.72
TypeCommercial Sales
StatusActive
Community Information
AreaDestin
CityDESTIN
CountyOKALOOSA
StateFL
Zip Code32541
Address

14,500 Sf Mixed Use Income Property

Exterior
Lot Description100 x 315
Additional Information
ZoningTC Mixed Use
Listing Details
OfficeTaylor 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 28th, 2024 at 6:15pm CDT.