4 Commerce Road, Destin, FL 32541 (MLS# 841619)

Description

Long standing industrial complex with 2364 sq ft of office space and 6036 sq ft of warehouse and industrial work space. Total of 8,400 sq ft of space under-roof. A brand new roof with double insulation installed in late 2019. A fenced in 0.28 acre vacant parcel on the east side for additional storage and use is also available separately for $350k. Complex and Commerce Drive is centrally located in Old Destin commercial zone between Azalea Drive and Mountain Drive. The office space is divided into 4 units, each with its own HVAC system. RE Taxes $3352.

Supplements: The adjacent lot can be purchased separately for $350k

Contract Info

GCCMLS Number: 30577857 Listing Board: Emerald Coast List Date: 2020-03-02 List Price: $995,000

Location, Tax and Legal

Sub Area: 1403 - Destin Northwest Legal Description: BLUE GULF S/DLOT A

General Property Info

Listed on GCCMLS: Yes Office Class: Office and industrial Description: Office warehouse complex Property Information: One of the few office/warehouse locations in the old part of Destin on Commerce Drive. With a 9,260sf footprint, the building has 2364sf heated and cooled and 6036sf of warehouse space. A brand new roof with double insulation was installed in late 2019. The original roof was patched and sealed, then a 3 inch layer of foam insulation was applied and sealed, with a brand new metal roof installed on top. An adjacent lot is also available for purchase but is not included in this listing. Vacant: No Lot SqFt: 24800 Immediate Occupancy: No Lot Depth: 155 CAM: 225 CAM Per: Quarter Zoning: Commercial Lot Frontage: 160 Future Land Use: Commercial Acreage: 0.57

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Long standing industrial complex with 2364 sq ft of office space and 6036 sq ft of warehouse and industrial work space. Total of 8,400 sq ft of space under-roof. A brand new roof with double insulation installed in late 2019. A fenced in 0.28 acre vacant parcel on the east side for additional storage and use is also available separately for $350k. Complex and Commerce Drive is centrally located in Old Destin commercial zone between Azalea Drive and Mountain Drive. The office space is divided into 4 units, each with its own HVAC system. RE Taxes $3352.

Class

Income Producing: 1 Industrial: 1 Land: 1 Office: 1

Construction Status

Existing: 1

Industrial

# Ground Level Doors: 6 # Dock High Doors: 1 Unit SqFt: 8400 Building SqFt: 9260 Office SqFt: 2364 Year Built: 1986 Property Type: Flex Space

Land

Property Type: Industrial

Doors & SqFt

Door Height: 12 Eave Height: 18 Warehouse SF: 6036

Office

Year Built: 1986 Building SqFt: 9260 Unit SqFt: 2364 Price P/SqFt: 139.85 # of Units: 4

Income Producing

Year Built: 1986 Property Type: Industrial

None

Current Price: $825,000

Status Change Info

Status: Sold Under Contract Date: 2021-04-16 Sold Date: 2021-08-13 Sold Price: $825,000

Location Tax and Legal

Area: 14 - Destin Street #: 4 Street Name: Commerce Street Suffix: Road State: FL Zip Code: 32541 County: Okaloosa Parcel ID: 00-2S-22-475B-0000-00A0

Property Features

Class: Income Producing; Industrial; Land; Office Construction Status: Existing