Commercial Office Building - Milton, Florida

Office for Sale
Catylist Listing ID: 30778157
Property Subtypes: Medical, Mixed Use, Office Building, Other
Building Size (RSF): 5,536 SF
Gross Land Area: 0.89 Acres
Sale Price: $575,000
Unit Price: $103.87 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 5,536 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/23/2022

Overview / Comments

Approximately 3,250 SF of the building is leased to a medical tenant.
Existing lease is set to expire May 2023.

Remainder of the building could be occupied by a owner/user.

Great investment property for the future.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 34-2N-28-3250-00400-0050
Zoning: COMMERCIAL - CITY OF MILTON
Property Visibility: Excellent
Highway Access: Stewart Street
Airports: Pensacola International Airport
Total Number of Buildings: 1
Number of Stories: 15
Year Built: 1985
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Lot Frontage: 200
Lot Depth: 195
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,050 23,176 47,129
Median Age: 33.28 38.36 38.02
Households: 1,198 9,114 17,049

Contact

Photograph of Listing Agent

Paul Salter, CCIM

Salter Commercial LLC Gulf Coast CMLS Member
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