60 2nd Street, Shalimar FL 32579

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$4,300,000

60 2nd Street, Shalimar, FL 32579

bedrooms

bathrooms

square feet

Acreage

3.57

Open Houses

year built

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Okaloosa
Elementary School	-
Middle School	-
High School	-

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MLS number: 957383

Listing agent: Keith R Wood

Listing broker: Era American Real Estate (850) 651-2454

Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, November 8 2024 at 11:07 a.m. EST

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