Active
60 2nd Street
Shalimar FL, 32579
$4,300,000
Active
Commercial
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 military
contractors.
*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.
957383
MLSⓇ ID
August 20, 2024
Listed
November 22, 2024
Updated
Map
60 2nd Street
Shalimar FL, 32579
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
3.57 Acres
Other Property Details
Area Name
12 - Fort Walton Beach
Days on Market
6
Garage
No
View
No
County
Okaloosa
Pool
No
Courtesy of ERA American Real Estate, Keith R Wood,
Listing Contact: 850-200-2039
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Data last updated 12:50 PM UTC, 11/22/2024