PRICE REDUCED - Historic Exchange Hotel, Downtown Milton

Office for Sale
Catylist Listing ID: 30007765
Property Subtypes: Office Building, Other
Building Size (RSF): 9,754 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 Acres
Sale Price: $275,000
Unit Price: $28.19 PSF
Property Use Type: Vacant/Owner-User
Building Name: Exchange Hotel
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2017

Overview / Comments

The historic Exchange Hotel in the heart of downtown Milton available for sale. This three story landmark offers multiple offices, conference rooms, break area, large basement and rooftop penthouse. There is also a free-standing 500 square foot building situated on the southwest end of the property. Located directly across from the Santa Rosa County courthouse with private parking lot in downtown Milton.

Seller owns the adjacent property located at 6839 Caroline Street - see recent price reduction for this property.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa
Tax ID/APN: 03-1N-28-2530-02400-0020 & 0040
Zoning: RC1
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,227 22,335 43,308
Median Age: 39.81 37.92 38.02
Households: 1,356 8,758 15,558

Contact

Photograph of Listing Agent

Paul E. Salter, CCIM

Neal & Company, LLC Gulf Coast CMLS Member
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