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    124 Washington St Chattahoochee, FL 32324

    For Sale
    $215,000

    Historic Downtown Office, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1976-built office building at 124 W Washington Street, Chattahoochee, FL 32324, presents a compelling investment opportunity. Boasting almost 10,000 square feet on a 33,105.6 sq ft lot, this former bank building offers significant potential. Seven rooms, suitable for offices with minor repairs, are complemented by a large (61x53) open lobby area. Four bathrooms and a 25x13 upstairs space provide additional versatility, potentially for office or residential use. The brick building features ample parking (20+ spaces, including handicapped access), established landscaping, and a convenient drive-through with four canister service slots and one without. Two double-door entrances (one facing Highway 90, the other east) enhance accessibility. Located in the heart of Chattahoochee, this property benefits from high visibility on Highway 90, with an average daily traffic count of 6,900 vehicles. Priced at $215,000, this property offers a unique chance to capitalize on its numerous possibilities.

    Property Features for 124 Washington St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1976

    HighLights

    • $215,000 asking price for this office building.
    • 1976‑built, 9,930 square foot office building located at 124 W Washington Street, Chattahoochee, FL 32324.
    • Situated on a 33,105.6 square foot lot with 20+ parking spaces, including a handicapped‑accessible space.
    • Features seven potential office spaces, a large open lobby (61x53), four bathrooms, and a 25x13 upstairs area suitable for additional office or living space.
    • High visibility location on Hwy 90 with an average daily traffic count of 6,900 vehicles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattahoochee
    County
    Gadsden
    State
    Florida
    Longitude
    -84.8456749
    Latitude
    30.7052008

    Nearby Comparable

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    • $124,500

      30 Acres in Gadsden County

      30+/- acre wooded tract zoned Municipal in Chattahoochee, Florida.
      00 Line St, Chattahoochee, FL 32324
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    Nearby Similar for Sale

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    • $629,000

      Chattahoochee Multifamily Investment Opportunity

      Two quadplexes on 3.84 acres, strong cash flow potential.
      851 Maple St, Chattahoochee, FL 32324
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Historic Downtown Office, High Traffic
    Where is this office property / space located?
    The property is located at 124 Washington St Chattahoochee, FL.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: $215,000 asking price for this office building.; 1976-built, 9,930 square foot office building located at 124 W Washington Street, Chattahoochee, FL 32324.; Situated on a 33,105.6 square foot lot with 20+ parking spaces, including a handicapped-accessible space.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Washington St Chattahoochee, FL 32324
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