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60 2nd Street, Shalimar, FL 32579
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$4,300,000
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Home Details for 60 2nd Street
Price
$4,300,000
Type
Commercial/Industrial
Sq. Ft.
155509
Lot Size
3.57
County
Okaloosa
MLS®️ Listing#
957383
On exitrealty.com
360 days
Property Description
Welcome to 4 9th Avenue, an exceptional commercial investment opportunity in Shalimar, Florida. This business complex comprises two addresses, 60 2nd Street and 4 9th Avenue, offering a versatile and thriving environment for a mix of professional office spaces and restaurant tenants.Key Features:*Total Leasable Area: Approximately 31,486 square feet.*Land Area: Spanning 3.57 acres.*Location: Strategically situated just off Eglin Parkway (Highway 85) with excellent road visibility.*Proximity: Across from the County Services Building and only 2 miles from the Eglin Air Force Base Main Gate, making it a prime location for militarycontractors.*Tenant Profile: A stable mix of long-term tenants, ensuring consistent occupancy and income.*Financing Opportunity: The current loan on the property, with an attractive interest rate of 4.95%, could possibly be assumable. The loan has a balance of approximately $2.3 million and does not have a balloon payment due until May 2027.
This well-maintained complex offers significant potential for investors seeking a steady revenue stream and the opportunity to own a prominent commercial property in the heart of Shalimar. Don't miss out on this rare opportunity to acquire a key asset in a high-demand area.
*Broker has ownership interest in property.
Listing Courtesy: ERA American Real Estate - 850-651-2454
IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.
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$4,300,000
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EXIT REALTY ANCHOR SOUTH
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