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    7702 Mcelvey Road

    Panama City Beach, FL 32408
    • $875,000
    • STATUS: Active
    • ON SITE: 66 days
    • MLS #: 700876
    UPDATED: 44 min ago
    $875,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2004
    County:
    Bay

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Attention Investors 8% CAP rate with long term NNN leases in place (8 yrs remaining with 2% annual increases) approx $69,000 NOI. This multi-story 6,000 sq ft building has over 10,000 sq ft of built-out live/work leasable space with plenty of parking. Currently leased to two well established local businesses. This investment property is located in the Holley St Commercial Park.

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    © 2020 Central Panhandle 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 Counts Real Estate Group, Inc.. Data last updated: 2020-10-19T23:04:06.6.
    www.countspanamacity.com/homes/108871048
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    7702 Mcelvey Road Panama City Beach, FL 32408

    • Price: $875,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 700876
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    2004
    Built
    Neighborhood:
    Holly Street Commercial Park
    County:
    Bay
    Area:
    Bay County-Beach
    Elementary School:
    Breakfast Point
    Middle School:
    Breakfast Point
    High School:
    Income Producing
    Property Description
    Attention Investors 8% CAP rate with long term NNN leases in place (8 yrs remaining with 2% annual increases) approx $69,000 NOI. This multi-story 6,000 sq ft building has over 10,000 sq ft of built-out live/work leasable space with plenty of parking. Currently leased to two well established local businesses. This investment property is located in the Holley St Commercial Park.
    Exterior Features

    Construction Siding Floor - ConcreteFoundation - Slab On GradeRoof - GuttersRoof - MetalSiding - Alum MetalSiding - MetalSteel/Frame Construction Status Construction Complete Site Description Aerials AvailableCovenantEasement(S)LandscapedLevelSurvey Transport Access 2-LaneCounty RoadPaved

    Interior Features

    Heating Cooling Ac - CentralAc - HvacAc - OfficeAc - Warehouse Sq Ft Total Building 9000.00

    Property Features

    Commercial Features Freestanding BuildingHandicapped AccessKitchen AreaLiving QuartersOffice AreaRestrooms - PrivateRestrooms - Public Commercial Sale Sub Type Arnold Community Resort None Energy Ac - 2 Or MoreAc - Central ElectCeiling FansRoof VentSkylight(S)Water Heater - Electric Financing CashConventional Hoa Fee No List Class Commercial Occupancy Status Occupied Offering Type Sale Only Present Zoning Industrial Light Utilities All UtilitiesCommunity SewerCommunity WaterElectricElectric On SitePublic SewerPublic Water

    Listing provided courtesy of Counts Real Estate Group Inc. Listing information © 2020 Central Panhandle Association of Realtors MLS.


    © 2020 Central Panhandle 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 Counts Real Estate Group, Inc.. Data last updated: 2020-10-19T23:04:06.6.
     
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    Counts Real Estate Group, Inc.
    3009 Highway 77, Suite H
    Panama City FL, 12345