Commercial Building - Milton, Florida

Office for Sale
Catylist Listing ID: 30594357
Property Subtypes: Executive Suites, Governmental, High-Tech, Medical, Mixed Use, Flex Space, Office Building, Research & Development, Other
Building Size (RSF): 1,750 SF
Gross Building Area: 2,325 SF
Gross Land Area: 0.91 Acres
Sale Price: $239,900
Unit Price: $137.09 PSF
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 1,750 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Perfect building for a contractor, insurance agency or CPA office. This building could have multiple uses.

Location, location, location. This building sits in the middle of all of the traffic of Milton. Located between Papa John's Pizza and Cisco's Restaurant.

Plenty of land for additional parking, if needed. Access is shared with the two adjacent parcels.

Seller has a lease with Cisco's to maintain the existing on-premise sign for Cisco's in return for the use of the pylon sign. (see attached pdf file w/passcode from listing agent)

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 04-1N-28-0000-10101-0000
Zoning: C2 COMMERCIAL
Property Located Between: SR 89 ByPass and SR 87 (Stewart Street)
Property Visibility: Good
Highway Access: Caroline Street
Airports: Pensacola International Airport
Site Description: Building is newly renovated. Completely rebuilt.
Area Description: Located in the middle of other retail, fast food and professional offices. This is the center of traffic for downtown Milton.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1988
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: HardiePlank Siding
Exterior Description: Metal & HardiePlank Siding
Parking Type: Surface
Parking Description: Parking is located on the east side of the building. The parking area can be expanded, if needed to the open area available to the east side of the building.
Total Parking Spaces: 6
Sprinklers: None
Heat Type: Electricity
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Set up to be able to divide the building.
Lot Frontage: 25
Lot Depth: 428
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Sign agreement located in front of this building. Call listing agent for password to access the file for the lease details.
Land Ownership: Fee Simple
Legal Description: COM AT NE CORN OF SE4 OF SE4THN S2*44'6"W 200 FT TO POB &CONT 99.58 FT THN N86*45'33"W387.69 FT THN N3*13'55"E 73.94FT THN N86*51'15"W 66.73 FTTO E R/W OF HWY 90 THN ON CURV(R=2789.79' CHB=N48*31'51"E)GO 35.60 FT THN S86*51'15"E428.26 FT TO POB AS DES INOR 3468 PG 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,141 22,335 42,821
Median Age: 35.91 37.92 38.27
Households: 1,301 8,758 16,642

Contact

Photograph of Listing Agent

Paul E. Salter, CCIM

Salter Commercial LLC Gulf Coast CMLS Member
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