Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
N/A
A rare opportunity for investors and developers to capitalize on immediate equity and long-term upside. This strategically located property with 200 ft of frontage on high traffic Hwy 98 recently appraised at $4,085,000, yet is being offered for just $3,985,000. Additionally, the current appraisal does not reflect the in-process Development Order (DO) or the significant investment already made toward its approval — specifically for the back 2 acres of the property. Building has the following occupancy: Unit A - (600 Sq.Ft.) Rented, Units B-C (1200 Sq.Ft.) Rented, Units D-E-F (1800 Sq.Ft.) Rented, Unit G (900 Sq.Ft.) Rented, Units H-I + warehouse, (2500 Sq.Ft.) Rented, Units J-K-L + warehouse (owner occupied), Unit M (600 Sq.Ft.) Rented, Unit N (600 Sq.Ft.) Rented! Also, the large billboard pays the building owner $7,500/yr rent. Don't miss this unique opportunity!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Paved
-
Pool
No
Area & Lot
-
Lot Size(acres)
3.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$3,985,000
-
Zoning
General Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Breakfast Point
-
Middle School
Breakfast Point
-
High School
Arnold
Property Features
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Listing Courtesy of Brian J Kehl , Gulf Life Real Estate Inc
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