Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
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.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
3.57
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$4,300,000
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Location
County
Okaloosa
Elementary School
Middle School
High School
Listing Courtesy of Keith R Wood , ERA American Real Estate
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Broker Associate
CherylChamblee
Call Cheryl today to schedule a private showing.
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