2 Freestanding Bldgs on Stewart St.
Retail-Commercial
for Sale
| Catylist Listing ID: |
30871180 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail
|
| Building Size (RSF): |
2,151 SF
|
| Gross Land Area: |
0.38 Acres
|
| Sale Price: |
$295,000 |
| Unit Price: |
$137.15 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
2,151 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/5/2024 |
Overview / Comments
|
Freestanding Retail with additional structure inside the City limits of Milton. Demographics within a 5 mile radius include a Total Population of 50,700 and an Average Household Income of $96,169. Centrally located between US Hwy 90 and Berryhill Rd, this property has shared onsite parking between the two structures. The freestanding retail building is 720 SF of open retail space with one ADA bathroom, additional storage, and rear patio space. The second structure includes 2 rooms with one restroom, kitchen and large open room with walkout covered side porch and backyard space with storage unit.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Taxing Authority: |
MILTON |
| Tax ID/APN: |
03-1N-28-0000-03300-0000 |
| Zoning: |
SSC-RC |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
US Hwy 90 & Berryhill Rd |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
US Hwy 90 |
| Feet of Frontage: |
85 |
| Traffic/Vehicle Count: |
17,300 |
| Highway Access: |
500 Ft to the intersection of US Hwy 90 |
| Airports: |
Pensacola International Airport |
| Area Description: |
Santa Rosa County is the 8th fastest gwoing population in the state of Floirda and the 4th highest median household income in the state of Florida. According the the Santa Rosa Economic Development Council the County will require the addition of 1,500 new homes each year to meet it's expected population growth of 1.9% annually. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Fair |
| Year Built: |
1954 |
| Year Renovated: |
1977 |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Zoning Description: |
Stewart Street Corridor, Residential Commercial Mixed-Use Zoning District
The SSC-RC Mixed Use District designates, regulates, and restricts the location design and use of buildings and structures; to promote higher standards of exterior appearance of buildings and grounds; to stabilize and improve property value in a consistent manner while maintaining and improving the general character of the City; to promote health, safety, and general welfare; and thus to provide the economic and social benefits resulting from an improved and revitalized mixed-use corridor. It is further the purpose of this district to promulgate redevelopment and infill of the area as a planned mixture of residential, commercial, and other uses within a pedestrian friendly and multi-modal corridor providing for various ancillary uses, and amenity features appropriate for a mixed-use corridor. |
| Lot Frontage: |
85 |
| Lot Depth: |
189 |
| Water Service: |
Municipal |
| Land Ownership: |
Fee Simple |
| Legal Description: |
Lengthy in file. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,531 |
24,310 |
38,804 |
| Median Age: |
36.25 |
38.7 |
38.1 |
| Households: |
1,868 |
9,561 |
15,083 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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