Shalimar, FL 32579
Property Inquiry
Contact Keith Wood about this property!
Property Details
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 militarycontractors.*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.
COUNTY | Okaloosa |
SUBDIVISION | N/A |
PARCEL ID | 05-2S-23-2080-0086-0010 |
TYPE | Commercial Sales |
STYLE | N/A |
ACREAGE | 4 |
LOT ACCESS | N/A |
LOT SIZE | N/A |
HOA INCLUDE | N/A |
HOA FEE | N/A |
UTILITIES | N/A |
PROJECT FACILITIES | N/A |
ZONING | N/A |
PARKING FEATURES | N/A |
APPLIANCES | N/A |
ENERGY | N/A |
INTERIOR | N/A |
EXTERIOR | N/A |
ROOM DIMENSIONS | N/A |
Schools
Location & Map
From Eglin Parkway (hwy 85) turn east on 9th Avenue. Complex is on the right.