9539 W Us-98 Highway, MIRAMAR BEACH, FL

$2,650,000

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7,405

Square feet

0.17

Acres

About 9539 W Us-98 Highway

Prime commercial property located on the highly sought-after south side of Highway 98, strategically positioned between Silver Sands Outlet Mall and Sandestin Resort. This meticulously maintained, free-standing building spans 7,680 sq. ft., with a new TPO roof scheduled for installation within the next eight weeks. The property is being sold occupied, as the owner is conducting a sale-leaseback. The lease is a gross lease, and the current owner is self-insured, opting not to carry wind coverage. The tenant will occupy the property for two years, with lease details available upon request. The expected return on investment is between 6.5% and 7% varies depending if you self insure. Building constructed out of solid concrete block and flat TPO roof. Property features 16 dedicated parking.Expansive windows on both levels create a bright and inviting environment, ideal for a retail store, office space, or general commercial operation. The building offers exceptional flexibility, allowing for easy division into separate units to accommodate various business needs.

Features of 9539 W Us-98 Highway

7405 Sqft
0.17 Acres
MLS® # 966141
Price $2,650,000
Square Footage 7,405
Acres 0.17
Type Commercial Sales
Status Active

Community Information

Address 9539 W Us-98 Highway
Area Miramar/Sandestin Resort
City MIRAMAR BEACH
County WALTON
State FL
Zip Code 32550

Amenities

Is Waterfront No

Exterior

Lot Description 60 x 120

Additional Information

Days on Website 74
Zoning Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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