2 Buildings in City of Milton
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30797995 |
| Property Subtypes: |
Free-Standing Building, Mixed Use
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
2,843 SF
|
| Gross Land Area: |
0.17 Acres
|
| Sale Price: |
$225,000 |
| Unit Price: |
$79.14 PSF |
| Ceiling: |
9 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/18/2022 |
Overview / Comments
|
Two buildings on Stewart St just north of the US Hwy 90/ Stewart St intersection with a 45,500 AADT Combined Traffic Count. Front Office Building with 5 offices, 1 conference room, sitting area and restroom. Parking in the front and rear of the building. Additional building with single restroom in the rear with month to month tenant. 5 mile radius demographics include a Total Population of 34,476 and Average Household Income of $54,832
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Taxing Authority: |
Milton |
| Tax ID/APN: |
03-1N-28-0000-03900-0000 |
| Zoning: |
SCC-RC |
| Retail Clientele: |
Business |
| Property Located Between: |
US Hwy 90 and Berryhill Rd |
| Largest Nearby Street: |
US Hwy 90 |
| Feet of Frontage: |
50 |
| Traffic/Vehicle Count: |
17,000 |
| Highway Access: |
Only one 10th of a mile to US Hwy 90 and one 10th of a mile to Berryhill Rd. I-10 is 4.4 miles to the south and NAS Whiting Field is 8 miles to the north. |
| Airports: |
Pensacola International Airport, Peter Prince Airport |
| Site Description: |
Parcel centrally located in the City limits of Milton between US Hwy 90 and Berryhill Rd. Front building is 1,443 SF and Rear building is 1440 SF |
| Area Description: |
Located in the City of Milton's Commercial retail corridor, the City of Milton is found within Santa Rosa County, and is one of the fastest growing counties in the U.S. The County also boasts high median household incomes, low business costs, top ranked school system and low crime rates according to the Santa Rosa EDC. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
1,440 SF |
| Property Condition: |
Average |
| Year Built: |
1950 |
| Year Renovated: |
1995 |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Parking Description: |
On site parking in the front and rear of the building |
| Interior Description: |
Office building includes 5 offices, 1 conference room, open waiting area and a restroom. Rear building is all open with one single restroom |
| Zoning Description: |
Stewart Street Corridor, Residential Commercial Mixed-Use Zoning District |
| Lot Frontage: |
50 |
| Lot Depth: |
151 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
| Legal Description: |
Lengthy, in file. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,531 |
24,310 |
38,804 |
| Median Age: |
36.25 |
38.7 |
38.1 |
| Households: |
1,868 |
9,561 |
15,083 |
|
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