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60 2Nd St Shalimar, FL 32579

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For Sale
$4,300,000

Commercial complex with office and restaurant tenants in Shalimar, Florida.

Lot size:
3.57 Acres

Property Features for 60 2Nd St

General Information

Standard status
Active
Lot size
3.57 Acres

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Listing Contact
Keith R Wood
Keith R Wood
Source: Corcoran

Listing Agency: ERA AMERICAN REAL ESTATE Listing Agent: Keith R Wood

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Shalimar Commercial Investment Opportunity

Located in Shalimar, Florida, this commercial complex at 60 2nd Street and 4 9th Avenue presents an investment opportunity. The property, situated just off Eglin Parkway (Highway 85), benefits from road visibility and proximity to the County Services Building and Eglin Air Force Base Main Gate, which is approximately 2 miles away. The complex has a total leasable area of approximately 31,486 square feet and is situated on a 3.57-acre land area. The property is currently occupied by a mix of professional office spaces and restaurant tenants. The current loan on the property, with an interest rate of 4.95%, could possibly be assumable and has a balance of approximately $2.3 million with no balloon payment due until May 2027.
Location Intelligence

Current Use by Public Records

Tara Lewis - ERA ... Real Estate Agency Okaloosa Democrats Advocacy Group Denica Vega, The Yogic ... Alternative Medicine Practice FedEx Drop Box Postal Service Dr. Bambi Denais Alternative Medicine Practice

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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City
Shalimar
County
Okaloosa
State
Florida
Longitude
-86.5788716
Latitude
30.4442452

FAQs

What type of property is this?
Office building - Commercial complex with office and restaurant tenants in Shalimar, Florida.
Where is this office building located?
The property is located at 60 2Nd St Shalimar, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: - Prime location near Eglin Parkway, across from County Services Building, and 2 miles from Eglin Air Force Base Main Gate, ideal for military contractors.; - Significant total leasable area of approximately 31,486 square feet on 3.57 acres.; - Opportunity to assume existing loan with a 4.95% interest rate and no balloon payment until May 2027 (approximately $2.3 million balance).
More about this property
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