117 Hwy 98 W

    EASTPOINT, FL 32328
    • $895,000
    • STATUS: Active
    • ON SITE: 72 days
    • MLS #: 303746
    UPDATED: 17 min ago
    $895,000
    • 0
      BEDS
    • 1.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,148
      SQFT
    • $59
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2004
    Area:

    School Ratings & Info

    Description

    Income-generating retail/warehouse space with excellent 10-year tenant, just renewed at $7600 per month rental income with annual escalation incl. In an IRS-designated Opportunity Zone! Great visibility with 250' frontage on US 98, the main east-west highway from Tallahassee/Carrabelle to Apalachicola/Port St. Joe. Roll-up garage door into main warehouse space, offices, break area, and plenty of storage. No damage and no flooding from Hurriicane Michael. Main display floor has staircase up to loft area for additional display square footage. Fully accessible from US Highway 98, as well as wide alleyway access in the back. Neighbors include boat sales company, pottery and nursery business, and new construction commercial complex. Located in an X flood zone on high ground, within site of the Apalachicola Bay. OZ investors take note!

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    © 2020 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Beach Properties of Florida. Data last updated: 2020-04-07T11:42:36.603.
    sgi.beachpropertiesfla.com/homes/102592512

    117 Hwy 98 W EASTPOINT, FL 32328

    • Price: $895,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 303746
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.15
    Acres
    15,148
    SQFT
    $59
    $/SQFT
    2004
    Built
    Neighborhood:
    No Named Subdivision
    Area:
    Eastpoint
    Property Description
    Income-generating retail/warehouse space with excellent 10-year tenant, just renewed at $7600 per month rental income with annual escalation incl. In an IRS-designated Opportunity Zone! Great visibility with 250' frontage on US 98, the main east-west highway from Tallahassee/Carrabelle to Apalachicola/Port St. Joe. Roll-up garage door into main warehouse space, offices, break area, and plenty of storage. No damage and no flooding from Hurriicane Michael. Main display floor has staircase up to loft area for additional display square footage. Fully accessible from US Highway 98, as well as wide alleyway access in the back. Neighbors include boat sales company, pottery and nursery business, and new construction commercial complex. Located in an X flood zone on high ground, within site of the Apalachicola Bay. OZ investors take note!
    Exterior Features

    Construction FrameSteel Frame Road Front Feet 250 Roof Metal Water View Bay

    Interior Features

    Cooling Hvac Exclusions All Building Contents And Equipment And Vehicles Onstie Are The Property Of The Tenant Floor VinylCarpet Furnished Unfurnished Heating Hvac Inclusions All Building Contents And Equpment And Vehicles Onsite Are The Property Of The Tenant Sqft Heated Cooled 14800 Sqft Office 500 Sqft Work Area 14800

    Property Features

    Agent Owned No Annual Taxes 8373.00 Association Fee No Building Property Name 117 Highway 98W Bus Property Office AreaAnchor TenantDisplay WindowsRestrooms: PrivateKitchen AreaSign Construction Status Construction Complete Financing Terms CashConventional Flood Insurance Required No Fractional Ownership No List Class Commercial Number Tenants 1 Owner Pays InsuranceTaxes Property Type Improved Commercial Sale Subject To Lease Yes Sale Type See Remarks Sewer Public Sewer Site Features Aerials Available Special Listing Conditions As Is Tax Year 2019 Tenant Pays ElectricityTrash CollectionPest ControlWaterSewerTaxes Trade Considered No Utilities Phone ConnectedSewer ConnectedElectricity ConnectedWater Connected Water Public Water Front YN No Water View YN Yes Zoning Type Commercial

    Listing information © 2020 Realtors Association of Franklin and Gulf Counties.
    Listing provided courtesy of Berkshire Hathaway Home Services - Sgi.


    © 2020 Realtors Association of Franklin and Gulf Counties. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Beach Properties of Florida. Data last updated: 2020-04-07T11:42:36.603.
     
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