Retail Condominium Unit

Retail-Commercial for Sale
Catylist Listing ID: 30274220
Condo? Yes
Building Size (RSF): 1,500 SF
Gross Building Area: See Agent
Sale Price: $260,000
Property Use Type: Investment
Building Name: Holiday Plaza
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2018

Overview / Comments

Investment Opportunity, or ownership opportunity for you business. This unit is one of the few retail commercial condominium units on the market. Quality interior buildout being used now as a nail salon. A lease is in place until 2019, with potentially a longer term lease to be signed, which makes this a good investment opportunity. The quality interior buildout is as a nail salon. Front door parking with plenty of extra parking. Rear drive with loading area and small patio area. Great retail adjoining neighbors including shops and restaurants. Traffic count is 49,000 AADT

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 29-2S-21-42170-000-0105
Is Condo?: Yes
Zoning: COMMERCIAL RETAIL/OFFICE
Retail Clientele: General, Tourist
Property Located Between: Holiday Rd & Silver Sands Outlet Mall
Largest Nearby Street: Hwy 98
Feet of Frontage: 525
Traffic/Vehicle Count: 49,000
Highway Access: Hwy 98, with a median cut
Airports: VPS and ECP
Site Description: Commercial Condominium with retail businesses, and some 2nd floor office. Plenty of parking.
Area Description: Local and tourist population
Tenancy: Single Tenant
Number of Stories: 2
Typical SF / Floor: 1,500 SF
Property Condition: Good
Year Built: 1997
Construction/Siding: Stucco
Parking Type: Surface
Interior Description: The built-out is of high quality, as a nail salon.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,786 7,015 12,241
Median Age: 47.34 48.14 47.43
Households: 1,314 3,325 5,663

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