117 Hwy 98 W, Eastpoint

$895,000

0 Beds
0 Baths
14,800 Sqft
1.15 Acres
0 Garages

Income-generating retail/warehouse space with excellent 10-year tenant, just renewed at $7600 per month rental income with annual escalation incl. In an IRS-designated Opportunity Zone! Great visibility with 250' frontage on US 98, the main east-west highway from Tallahassee/Carrabelle to Apalachicola/Port St. Joe. Roll-up garage door into main warehouse space, offices, break area, and plenty of storage. No damage and no flooding from Hurriicane Michael. Main display floor has staircase up to loft area for additional display square footage. Fully accessible from US Highway 98, as well as wide alleyway access in the back. Neighbors include boat sales company, pottery and nursery business, and new construction commercial complex. Located in an X flood zone on high ground, within site of the Apalachicola Bay. OZ investors take note!

Essential Information
MLS® #303746
Price$895,000
Square Footage14,800
Acres1.15
Year Built2004
TypeCommercial
Sub-TypeImproved Commercial
StatusActive
Community Information
Address117 Hwy 98 W
AreaEastpoint
SubdivisionNO NAMED SUBDIVISION
CityEastpoint
StateFL
Zip Code32328
Utilities

Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Exterior
ConstructionFrame, Steel Frame
Additional Information
Date ListedJanuary 25th, 2020
HOA Fees0.00
Office

Berkshire Hathaway Home Services - SGI

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