Property Details for 2981 Penn Ave

Year built

1998

Property size

5,700 SF

Property type

Specialty properties

Description

This exceptional investment opportunity presents a 5,700 square foot commercial building situated on a spacious 2.5-acre lot (109,771.2 sq ft) in Marianna, Florida. Built in 1998, the property boasts a versatile layout ideal for various commercial uses. The building features 2,500 square feet of climate-controlled space, including a reception area and restroom facilities. An additional 2,500 square feet of enclosed warehouse space is equipped with two 12-foot roll-up garage doors and a 14.5-foot ceiling height at its center. A covered, paved loading dock area is conveniently located at the rear of the building. Currently leased with a contract extending through December 2025, this income-producing property offers immediate return on investment. Its strategic location on Penn Avenue, near Highway 90, provides excellent visibility and accessibility to high-traffic areas, including easy access to Highway 231 and Interstate 10. The property's proximity to the railroad and other retail businesses further enhances its commercial appeal. This is a rare opportunity to acquire a substantial commercial property in a thriving location with significant growth potential. The asking price is $699,999. The property is zoned for commercial use.

Location Insight

City

Marianna

County

Jackson

State

Florida

Longitude

-85.2507

Latitude

30.7825