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9539 Us-98 Highway W, Miramar Beach 32550 (Active)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 966141 | Price: | $2,650,000.00 | Year Built: | Not available | Square Feet: | Not available | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 0.17 acres | Lot Dimensions: | 60 x 120 |
Subdivision: Not available
Description:
Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking.
Photos
Features
Not availableCommercial Features
| Income-Producing Property Type: Retail | Office Number of Units: 1 | Retail Number of Units: 1 |
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This listing provided courtesy of Counts Real Estate Group Inc.
This information was last updated on 2/4/2025 10:03:07 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 2025. All rights reserved.
