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107 Washington St Quincy, FL 32351

For Sale
$349,000

High-Income Potential, Excellent Location

Property size:
6,600 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional 6,600 square foot commercial property, situated on a 0.12-acre lot at 107 E Washington St in Quincy, FL, presents a remarkable investment opportunity. Currently configured as a blend of retail/office space and residential, this property boasts significant income potential. The ground floor offers approximately 5,000 square feet, ideal for a variety of uses, including medical practices (with 14 potential exam/offices, a spacious reception area, and four bathrooms). The layout is well-suited for an eye doctor, dentist, or other medical professional. A recently updated HVAC system and a durable standing seam metal roof contribute to the property's excellent condition. Ample parking is available, enhancing the property's appeal. Above the commercial space is a 1,600 square foot, two-bedroom, one-bathroom apartment with a separate entrance, currently leased for $750 per month (below market value). The property's proforma gross income is estimated at $36,000 annually. The seller is highly motivated, having recently reduced the price by $50,000. This quiet corner location offers excellent visibility and accessibility. A 24-hour notice is required for apartment showings. This property is ready for a new owner to capitalize on its considerable income-generating potential and prime location.

Property Features for 107 Washington St

General Information

Property type
Other commercial real estate
Square Feet
6,600 SF
Lot Size
5,227 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Quincy
County
Gadsden
State
Florida
Longitude
-84.57548
Latitude
30.58901

FAQs

What type of property is this?
Commercial real estate - High-Income Potential, Excellent Location
Where is this commercial real estate located?
The property is located at 107 Washington St Quincy, FL.
What is the asking price?
The asking price for this property is $349,000.
More about this property
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