Dr/Dentist, Law office, Retail, residential income

Retail-Commercial for Sale
Call for Offers
Catylist Listing ID: 30778943
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 6,600 SF
Gross Land Area: 0.12 Acres
Sale Price: $349,000
Unit Price: $52.88 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Abbey Eye Institute
Usable Size (USF): 6,600 SF
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: 10.06%
Last Updated: 7/1/2022

Overview / Comments

Owner wants this SOLD! Reduced $50,0000. Proforma Gross Income of $36,000 per year. Nice quiet corner location, with good parking - 5000 SF of retail, or office.​ 1600 SF, 2 br 1 bath apartment above, with separate entrance, Currently rented for $750 / month (below market).​ Condition appears to be good throughout.​ Standing seam metal roof, some recent HVAC updates.​ Perfect for Eye Dr.​ or Doctors / Dentist office - 14 exam/offices, nice reception area, 4 baths down, 1 bath in apt.​ Easy to show.​ Need 24 hour notice for the Apt.​ to be shown.​

Additional Details

Nearest MSA: Tallahassee
County: Gadsden
Taxing Authority: Gadsden
Tax ID/APN: 3-07-2N-3W-0730-00000-0950
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Property Condition: Good
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,495 11,221 16,410
Median Age: 32.5 34.9 34.45
Households: 905 3,918 5,765

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