4 Commerce Drive
Industrial
for Sale
| Catylist Listing ID: |
30577857 |
| Property Subtypes: |
Flex Space, Manufacturing, Light Industrial, Warehouse/Distribution
|
| Building Size (RSF): |
9,260 SF
|
| Gross Land Area: |
0.57 - 0.85 Acres
|
| Sale Price: |
$1,295,000 |
| Unit Price: |
$139.85 PSF |
| Ceiling: |
20 ft. / 18 ft. Clear |
| Docks/Doors: |
1 Dock, 5 Doors |
| Property Use Type: |
Investment, Business |
| Building Name: |
Himes Signs |
| Usable Size (USF): |
9,260 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/30/2020 |
Overview / Comments
|
Long standing industrial complex with 2364 sq ft of office space and 6036 sq ft of warehouse and industrial work space. Total of 8,400 sq ft of space under-roof. A brand new roof with double insulation installed in late 2019. Includes a fenced in 0.28 acre vacant parcel on the east side for additional storage and use. Complex and Commerce Drive is centrally located in Old Destin commercial zone between Azalea Drive and Mountain Drive.The listing includes the adjacent vacant lot to the east, but the building can be bought separately at a reduced price of $1,095,000. Office space is comprised of 4 units each with its own independent HVAC systems.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Okaloosa |
| Tax ID/APN: |
00-2S-22-475B-0000-00A0 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Azalea Drive and Mountain Drive |
| Highway Access: |
Two blocks to Hwy 98 |
| Airports: |
Destin Private Airport and Destin Fort Walton Beach Regional Airport |
| Site Description: |
The complex site sits on 0.85 acres comprised of two parcels in the industrial area of old Destin on Commerce Drive. |
| Area Description: |
The first true commercial zone in Destin between Mountain and Azalea Drvies. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1986 |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Metal Siding |
| Exterior Description: |
Metal siding building with loading ramp and three roll-up industrial loading doors. |
| Parking Type: |
Surface |
| Total Parking Spaces: |
22 |
| Eave Height: |
18 |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lighting: |
Fluorescent |
| Internet Access: |
Cable |
| Interior Description: |
Concrete floor with carpet in office area. |
| Zoning Description: |
Commercial and light industrial |
| Lot Frontage: |
240' |
| Lot Depth: |
160' |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Easements: |
Utilities |
| Land Ownership: |
Fee simple |
| Legal Description: |
BLUE GULF S/D LOT A |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,728 |
10,691 |
22,885 |
| Median Age: |
40.81 |
39.82 |
40.36 |
| Households: |
2,516 |
4,580 |
9,655 |
|
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