Freestanding Retail and Storage
6173 Stewart St Milton, FL 32570
For Sale
Contact for pricing
Two freestanding buildings with new metal roofs, combining retail storefront space, bar use, storage units, and an active billboard lease.
Property Size5,843 SF
Lot Size0.45 Acres
Price / SF$89.85
Days on Market151
Property Features for 6173 Stewart St
General Information
Standard status
Active
Size
5,843 SF
Lot size
0.45 Acres
Property subtype
RETAIL
Listing Agency:
Coldwell Banker Commercial Realty
(850) 733-6532
Listed By:
Melissa Glyptis Simpson
(850) 733-6532
Source:
Moodyscre
Added: Feb 28
Changed: Jul 27
Last Checked: Jul 28 at 1:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty
Investment Insights
Based on property information with market context.
This offering includes two freestanding buildings on a 0.45-acre site zoned Highway Commercial Development (HCD). Both structures have new metal roofs. The main retail storefront is 1,643 square feet. A second 4,200-square-foot structure includes a mixed-use setup with a bar located in the main portion and storage units in the remaining space.
The bar is located in the main structure facing Stewart St. An on-site billboard sign has an active lease in place generating annual income, and two of the storage units are currently rented.
Demographic information provided for a 5-mile radius includes a total population of 40,268 and an average annual income of $96,199.
The bar is located in the main structure facing Stewart St. An on-site billboard sign has an active lease in place generating annual income, and two of the storage units are currently rented.
Demographic information provided for a 5-mile radius includes a total population of 40,268 and an average annual income of $96,199.
Key Highlights
- Two freestanding buildings on a 0.45‑acre site zoned Highway Commercial Development (HCD)
- New metal roofs on both structures
- Main retail storefront offers 1,643 SF
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.5k | $7.44 |
| − Vacancy | −$2.3k | −$0.39 |
| EGI | $41.2k | $7.05 |
| − OpEx | −$6.2k | −$1.06 |
| NOI | $35.0k | $6.00 |
5,843 SF · lease $7.44/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Specialty Retail
$1.10M
$964.9K – $1.29M
NOI $77,188 @ 7.0% cap · market cap 14.70%
Second Best
Retail
$898.2K
$785.9K – $1.05M
NOI $62,873 @ 7.0% cap · market cap 11.98%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,715 @ 7.0% cap · market cap 19.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Two freestanding buildings with new metal roofs, combining retail storefront space, bar use, storage units, and an active billboard lease.
Where is this storefront property located?
The property is located at 6173 Stewart St Milton, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two freestanding buildings on a 0.45‑acre site zoned Highway Commercial Development (HCD); New metal roofs on both structures; Main retail storefront offers 1,643 SF
