216 Government Avenue, Niceville, FL 32578

$2,450,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 41,818 Status: Sold
Current Price: $2,450,000 List Date: 5/04/2018 Last Modified: 10/12/2024

Overview

Description

37,800 sq. ft., two story, 238 unit Climate Controlled Storage Facility. 24 of the units have outside access. The remaining units are interior with 24-hour secure customer access. Dedicated office in lobby could support related business and generate complementary additional income. Facility built in 2005, exceptionally maintained and managed. Gross income $306,000; NOI $185,000; Occupancy 94%; FDOT traffic count for this location is 14,600 daily. Seller is willing to provide financing for qualified buyer. Excellent opportunity to own a seasoned, stable income producing property which requires very little ''hands on'' management. THIS IS AN ASSET SALE NOT AN ENTITY SALE

Listing Details MLS# 797874

Status Change Info

Under Contract Date
2018-05-21
Sold Date
2018-09-28

Contract Info

Listing Board
Emerald Coast

Location Tax and Legal

Area
13 - Niceville
Street #
216
Street Name
Government
Street Suffix
Avenue
State
FL
Zip Code
32578
County
Okaloosa
Parcel ID
12-1S-23-0000-0057-0000

General Property Info

Vacant
No
Acreage
0.96
Lot Frontage
110
Lot Depth
380
Zoning
C-2

More Information

Property Features

Class: Income Producing; Retail; Other Construction Status: Existing
Listing Office: La Florida Coastal Properties
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.