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

Attachments & Media

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.

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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

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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