Description
SCENIC GULF DRIVE RETAIL BUILDING! Free Standing Building. Highly desirable retail location across the road from the Gulf of Mexico. Tremendous beach visitor traffic. The owner of building occupies the majority of the East side space and has 3 tenants including Dairy Queen, Emerald Coast Beach Home Realty, and Pascali Kitchen, occupying 3 spaces on the West side of the building. Owner could stay as a tenant or relocate. CAM is $34,639.35 annually. Current rent income is $248,814 annually. Owner also willing to sell existing inventory at additional price. Seller has two additional commercial buildings for sale in Miramar Beach. See MLS 897596 and MLS 900045. May be purchased individually or as a package deal. All three for $19,990,000. Buyer to confirm all information.
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0BEDS
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0.45ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
SCENIC GULF DRIVE RETAIL BUILDING! Free Standing Building. Highly desirable retail location across the road from the Gulf of Mexico. Tremendous beach visitor traffic. The owner of building occupies the majority of the East side space and has 3 tenants including Dairy Queen, Emerald Coast Beach Home Realty, and Pascali Kitchen, occupying 3 spaces on the West side of the building. Owner could stay as a tenant or relocate. CAM is $34,639.35 annually. Current rent income is $248,814 annually. Owner also willing to sell existing inventory at additional price. Seller has two additional commercial buildings for sale in Miramar Beach. See MLS 897596 and MLS 900045. May be purchased individually or as a package deal. All three for $19,990,000. Buyer to confirm all information.
© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers - 30A Beaches. Vendor Member number: 28178. Data last updated: 2022-08-07T11:59:28.973.
Vendor Member #28178.