824 Mary Helen Drive, Chipley 32428 (Active)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 930852 | Price: | $1,895,000.00 | Year Built: | 2005 | Square Feet: | 1983 | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 12.92 acres | Lot Dimensions: | Not available |
Subdivision: Not available
Description:
Located in in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space that is currently net leased to WestPointe Home, a division of Ichan Industries. The below market rate lease term runs for approx. 3 more years with no tenant options. The warehouse has 25-foot ceiling heights, 2 ground-level roll up doors, 1 loading door with 4` truck well, concrete load-stressed floors, metal roofing, and full fire suppression. The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Additionally, there is adjacent unimproved and vacant land of approximately 7.2 acres to potentially construct other buildings on-site.
Photos
Features
Sale Type: Real Estate Owned (REO)
Commercial Features
| Income-Producing Year Built: 2005 | Income-Producing Building Square Footage: 33983 | |
| Income-Producing Price/Square Foot: 64.59 | Income-Producing Net Operating Income: 141000 | Income-Producing Cap Rate: 6 |
| Income-Producing Property Type: Industrial | Industrial Dock High Doors: 1 | Industrial Sprinklers: Yes |
| Industrial Office Square Footage: 1983 | ||
| Industrial Year Built: 2005 | Industrial Property Type: Warehouse | Land Property Type: Commercial |
| Office Number of Units: 2 |
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This listing provided courtesy of Riviera Realty Group LLC.
This information was last updated on 11/25/2024 2:05:35 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.
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