481 S JOHN SIMS Parkway, Valparaiso, FL 32580

$485,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 27,007 Status: Sold
Current Price: $561,000 List Date: 2/06/2017 Last Modified: 10/12/2024

Description

Great income producing property located within a stones throw of the East Gate of Eglin Air Force Base in Northwest Florida. Two separate buildings. Building one has 8 separate suites totaling 6800 square feet. Building two is a stand alone building with 2068 total square feet (stand alone building was built in 1955). As of the listing date, all units are under lease with some tenants with over 20 years occupancy. Lease information available upon request from a serious buyer. Buyer to verify all data and dimensions.

More Information MLS# 768676

None

Current Price: $485,000

Status Change Info

Status: Sold Under Contract Date: 2017-05-02 Sold Date: 2017-11-20 Sold Price: $485,000

Contract Info

List Date: 2017-02-06 List Price: $561,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 13 - Niceville Street #: 481 Street Direction: S Street Name: JOHN SIMS Street Suffix: Parkway State: FL Zip Code: 32580 County: Okaloosa Parcel ID: 13-1S-23-0780-0007-0080

General Property Info

Listed on GCCMLS: No Office Class: Retail Businesses Description: Shopping Center-Strip Mall Property Information: Improvement 1: Suite A: 1,200 SF – Retail Suite Suite B: 800 SF – Retail Suite Suite C: 800 SF – Retail Suite Suite D: 800 SF – Retail Suite Suite E: 800 SF – Retail Suite Suites F-H: 2,400 SF – Restaurant Suite Improvement 2: 2068 Square feet occupied by Domino's Pizza for at least 20 years. Vacant: No Immediate Occupancy: Yes Acreage: 0.62 Zoning: C-1

Retail

Year Built: 1988 Building SqFt: 8868 Price P/SqFt: 63.26 Cap Rate: 10 # of Units: 9 Property Type: Strip Center

Property Features

Class: Retail Construction Status: Existing
Listing Office: Keller Williams Realty FWB
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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