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    1981 S Hwy 87

    Navarre, FL 32566
    • $1,290,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 577073
    UPDATED: 36 min ago
    $1,290,000
    • 0
      BEDS
    • 1.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Investment Opportunity Hardwick Square. Great upside potential as a result of below market rents and strong growth in Navarre, FL. Situated on a hard corner with a traffic signal. Two buildings containing a mixture of office and retail tenants. Owner occupies approximately 40% of the space but will consider leasing back after closing. 100% occupied with a projected net income of $103,252, resulting in a projected cap rate of 8%. 60 parking spaces on site.

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    © 2020 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2020-10-24T19:42:02.493.
    www.gulfshoresrealestatesearch.com/homes/108869981
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    1981 S Hwy 87 Navarre, FL 32566

    • Price: $1,290,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 577073
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.26
    Acres
    Neighborhood:
    Navarre
    County:
    Santa Rosa
    Area:
    Navarre
    Property Description
    Investment Opportunity Hardwick Square. Great upside potential as a result of below market rents and strong growth in Navarre, FL. Situated on a hard corner with a traffic signal. Two buildings containing a mixture of office and retail tenants. Owner occupies approximately 40% of the space but will consider leasing back after closing. 100% occupied with a projected net income of $103,252, resulting in a projected cap rate of 8%. 60 parking spaces on site.
    Exterior Features

    Lot Depth 295 Lot Frontage 195

    Property Features

    Commercial Property Type Retail Special Sale Type N/A Use Type Antique StoreBeauty/BarberMulti TenantOfficeOther Type UseRetail Zoning Hwy Comm Dev Dist

    Listing provided courtesy of Gunther Properties, Llc.


    © 2020 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2020-10-24T19:42:02.493.
     
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    Coldwell Banker Coastal Realty
    3817 Gulf Shores Parkway , Suite 6
    Gulf Shores AL, 36542
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