4566 Hwy 20 E , #101-104 And 201-204, Niceville 32578 (Active)

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Listing Information

Property Type: Commercial Sale
MLS #: 848285 Price: $3,165,000.00 Year Built: 2004
Square Feet: 12000 Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 1.98 acres Lot Dimensions: Not available

Subdivision: Not available

Description:

Opportunity for a Great investment Courtyard Plaza is located in Bluewater Bay, a much sought after area.This Premium Medical/Professional office building offers a Rare opportunity to acquire 12,000Sq.ft. of a 24,000 Sq. ft. building. 4 units first floor and 4 above with each unit having 1,500 square feet. Upstairs. Located in a Super Location off Hwy 20E with easy access. Parking spaces around the entire 24000 SF building. Courtyard Plaza is totally leased out at this time.RECENT UPGRADES: Roof-Re-coated 2019 - 20 year warranty--HVAC 2019 Half Replaced 2019 and 1/2 Replaced 2019 (7) Sprinkler System 2020 Totally Updated. Parking area 2019 Blacktop and Striped for Parking, New Pine Straw yearly Stairs and Railings last 6 months.Upon entering front of building Units on Left

Photos

Features

Not available

Commercial Features

  
Business Only Year Built: 2004 Business Only Building Square Footage: 24000 Business Only Unit Square Footage: 12000
Business Only Actual Gross Income: 242610 Business Only Expenses: 51350 Business Only Price/Square Foot: 263
Business Only Cap Rate: 6 Business Only Net Operating Income: 191250
Business Only Real Estate Option: Real Estate By Lease Income-Producing Year Built: 2004 Income-Producing Building Square Footage: 12000
Income-Producing Price/Square Foot: 263 Income-Producing Annual Gross Income: 242610 Income-Producing Expenses: 51360
Income-Producing Net Operating Income: 191250 Income-Producing Cap Rate: 6
Income-Producing Property Type: OfficeOffice Year Built: 2004 Office Building Square Footage: 12000 Office Unit Square Footage: 1500
Office Price/Square Foot: 263 Office Vacancy Rate: 0 Office Scheduled Income: 33420 Office Actual Gross Income: 242610 Office Expenses: 6420
Office Net Operating Income: 191250 Office Cap Rate: 6
Office Property Type: Medical Office Number of Units: 8

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This listing provided courtesy of J & J Realty at Bluewater Bay Inc.
This information was last updated on 10/30/2020 12:13:43 PM.

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 2020. All rights reserved.


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