Beach Community Bank

Retail-Commercial for Sale
Catylist Listing ID: 30647571
Building Size (RSF): 15,840 SF
Gross Building Area: See Agent
Gross Land Area: 180 - 235 SF
Sale Price: $3,900,000
Unit Price: $246.21 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/25/2020

Overview / Comments

Description

This building is conveniently located one block from Hwy 98, directly on Eglin Pkwy between Hollywood Blvd & Fourth Street.
It is in close proximity to Eglin AFB, Hurlburt Field & US Coast Guard,
Ft Walton Medical Center & White Wilson Specialty Medical Center.
This beautifully maintained private office is a single tenant free standing, two story bank building, This premiere property is offered below appraisal. Includes drive up window, great visibility in a central location, signalized intersection, great signage and high traffic counts. First floor lobby is open to second floor with second floor offices around the exterior of the building.

Great work force in surrounding areas: Numerous Restaurants, Shopping, Rental Car Agencies, Banks and the Okaloosa County Government Offices.

This premiere property is offered below appraisal.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 13-2S-24-1910-0370-0000
Zoning: C-2 GENERAL COMMERCIAL
Retail Clientele: Other
Property Located Between: Hollywood Blvd & Fourth Street
Property Visibility: Excellent
Largest Nearby Street: Hollywood Blvd
Traffic/Vehicle Count: 36,000
Airports: Destin Airport & Pensacola International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2002
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Exterior is low maintenance Hardiboard 15,433 Sprinkler on landscaped lawn Building sits on 1.7 acres
Total Parking Spaces: 63
Parking Type: Surface
Parking Description: 13,311 Sq Feet of asphalt to the North and 6,000 Sq Ft of asphalt to the South
Passenger Elevators: 1
Sprinklers: Other
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: Heat type is all electric with back up gas generator. AC is Central- located on roof top Fire Suppression is Sprinkler also
Lot Frontage: 180
Lot Depth: 235
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: OCEAN CITY LOTS 370 TO 374 INC & 443 & 444 & 445 AND ADJACENT VACATED ALLEY AS ORD#1341 AND N1/2 VACATED 4TH ST ADJ THEREOF ORD#1445

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,039 44,411 65,566
Median Age: 41.33 39.57 39.06
Households: 4,137 19,460 28,011

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