117 Hwy 98 W, Eastpoint, FL 32328

$895,000
List Price
$895,000
Status
ACTIVE
MLS#
303746
Acres
1.15
Region
Eastpoint
Subdivision
Eastpoint

Property Description

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!

Additional Information

Year Built
2004
Lot Dimensions
200x250

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home Services - SGI.