7060 Hwy 90

Retail-Commercial for Sale
Catylist Listing ID: 30741053
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 9,926 SF
Gross Building Area: 10,226 SF
Gross Land Area: 1.45 Acres
Sale Price: $799,000
Unit Price: $80.50 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2021

Overview / Comments

The subject property is an approximate 10,000 sf retail building located along the Highway 90//Caroline Street corridor. The property is located within 1 mile east of the downtown Milton waterfront. The parcel has approximately 300' of Highway 90 frontage with access from 3 streets. The improvements are located to the easterly half of the parcel, providing for a variety of future uses. The adjacent vacant commercial waterfront parcel is available, 7040 US-90, Listing #: 30741413.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 02-1N-28-0240-00500-0011
Zoning: HCD
Retail Clientele: General, Business
Property Located Between: Downtown Milton and Highway 87
Property Visibility: Excellent
Largest Nearby Street: 1/2 mile East of Downtown Milton waterfront, Hwy 87 3 miles East
Feet of Frontage: 302
Traffic/Vehicle Count: 21,500
Highway Access: The subject fronts 3 streets, Highway 90, Bayou Drive and Johnson Road.
Airports: PNS,VPS
Site Description: The site is accessed via the Northerly right-of-way of Highway 90 (Caroline St). Bayou Drive and Johnson Rd provide additional ingress/egress. The improvements are located on the easterly half of the site. The westerly half is open parking. Mature trees are located on the north side of the site. The vacant waterfront parcel across the street is available for purchase. The east side of the site is heavily wooded, which could be cleared providing for additional access and parking.
Area Description: The subject property is located 1/2 mile East of the downtown Milton waterfront. A revitalization of the downtown Milton waterfront is in the initial planning stages, proposing a mixed use shopping, dining, retail and living destination.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1946
Roof Type: Gambrel
Construction/Siding: Block
Exterior Description: The subject has been well maintained, with an exterior of paint over concrete block. A new covered patio provides additional useable area.
Parking Type: Surface
Parking Description: Paved
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: The subject interior is primary open showroom/retail area, which is heated and cooled.
Zoning Description: HCD: Highway Commercial Development.This district is designed to provide for a wide range of uses in appropriate and easily accessible locations adjacent to major transportation corridors and having access to a wide market area. This district is intended to be situated along selected segments of major thoroughfares in the vicinity of major intersections. Automobiles and other vehicular service establishments, motels and hotels, business and professional offices, general retail and eating and drinking establishments, primarily characterize this district
Lot Frontage: 302'
Lot Depth: 200'+-
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Land Ownership: Fee Simple
Legal Description: Parcel 1: BAYVIEW PORT OF BLK 5 DESAS: BEG AT NE CORN OF LOT 1BLK 5 THN S3*57'09"W ON W R/WOF JOHNSON RD 112.33 FT TO THPOB THN N86*05'52"W 178.07 FTTHN S3*57'09"W 207.61 FT TO NR/W OF U S HWY 90 THN ON CURVDR/W (R=1577.89 FT CB=N89*20'10"E) GO 178.75 FT TO JOHNSON RDTHN N3*57'09"E ON W R/W 193.39FT TO POB AS DES IN OR 1986PG 1015 **LESS THE ALLEYWAYNOT VACATED AS OF 2/9/12** &LESS PORT TO COUNTY FOR RDPER OR 3157 P832 (LT 5/1.4) Parcel 2:PARCEL B: BAYVIEW SUBD PORT OFBLK 5 LOTS 16 17 & 18 (N SIDEHWY 90) DES AS: COM NE CORN OFLOT 1 BLK 5 BAYVIEW (DB A-28602) THN S3*57'07"W ALNG E LNOF SAID BLK 5 112.33 FT THNN86*05'52"W 178.07 THN S03*57'09"W 97.46 FT TO EDGE OF THEASPHALT PARKING LOT FOR POBTHN CONT 110.16 FT TO N R/W OFHWY 90 THN SWLY ALNG CURVR=1577.89'CA=4*29'57" & CHB=S83*50'29"W) GO ON CURV 123.90FT THN N3*57'52"E ALNG E R/WOF BAYOU DR 98.63 FT TO SAIDASPHALT PARKING LOT THN S88*33'47"E ALNG ASPHALT 19.81 FTTHN N78*40'54"E ALNG ASPHALT107.14 FT TO POB AS DES INOR 3790 PG 431 Parcel 3:BAYVIEW PORT OF BLK 5 DES ASCOM AT NE CORN OF LOT 1 BLK 5THN S3*57'09"W ON W R/W OF BAYVIEW DR 112.33 FT TO POB THN N86*05'52"W 300 FT TO E R/W OFBAYOU DR THN S3*57'09"W ON R/W229.37 TO CURVD R/W OF HWY 90(R=1577.89 FT CB=N87*04'30"E)GO ON CURV 302.64 FT TO W R/WOF BAYVIEW DR THN N3*57'09"E193.35 FT TO POB LESS OR 1986PG 1015 (LOT 1.1) & LESS OR2557 PG 637 (LOT 1.3) ALL ASDES IN OR 3020 PG 1529

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,390 18,484 45,044
Median Age: 37.04 39.2 38.14
Households: 567 7,295 16,236

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