211 Main St, DESTIN


0 Beds
0 Baths
31,363 Sqft
.72 Acres
0 Garages

Available for purchase- 14,600sf of mixed use income producing property in Destin FL with tremendous upside. This property consists of two 7,000sf (+/-) buildings with 10 units on .76 acres. Building 1 is a 7,000sf former furniture store with 4500sf of showroom and 2500sf of warehouse currently leased as two separate units. Building 2 is a 7,600sf two story brick building with 8 units (1 apartment, 6 retail / office units and 1 workshop). Current gross income is $83,580 with 90% occupancy and rental rates are well below the current market, proposed rate structure should produce net rents in excess of $110k annually, with estimated operating expenses of $2.29 per sf.Centrally Located, New Roof 2018.

Essential Information
MLS® #843642
Square Footage31,363
TypeCommercial Sales
Community Information
Address211 Main St
Zip Code32541
Listing Details
OfficeTaylor Allen Properties LLC

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Listing information last updated on May 27th, 2020 at 7:15am CDT.