Free Standing Retail Building in Marianna

Retail-Commercial for Sale
Catylist Listing ID: 30723570
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 3,456 SF
Gross Building Area: 4,235 SF
Gross Land Area: 0.55 Acres
Sale Price: $229,999
Unit Price: $66.55 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Former Verizon Store
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/28/2021

Overview / Comments

Free standing retail building with 3,456 SF of heated/cooled space, situated at the corner of Highway 71 and Highway 90 in Marianna. Excellent visibility in a high traffic area. Prime location in a busy part of town! Daily traffic count for HWY 71 and Watson is 10,539. Property has 131 feet of frontage along Highway 71. Formerly the Verizon Wireless store, prior to damage from Hurricane Michael. Previous lease information is available. Building layout features an open retail "floor" space with recessed and track lighting, multiple floor outlets, 10' ceilings, public restrooms, large separate room for product/stock, and employee area. Counter, cabinet, and storage space throughout, Central AC/Heat, 25+ parking spaces. The exterior of the building has sustained damage from hurricane Michael, primarily to the roof; with minor interior roof related damage. Drywall in one exterior room will need replacing due to tree damage. Estimates of costs to restore the building to working order, along with repairs needed, are available upon request. Great location, excellent potential!

Additional Details

Nearest MSA: Tallahassee
County: Jackson
Submarket Type: Central Business District
Taxing Authority: Jackson County
Tax ID/APN: 02-4N-10-0000-0390-0020
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Highway 71
Feet of Frontage: 131
Property Condition: Fair
Year Built: 1997
Roof Type: Flat
Total Parking Spaces: 25
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,928 8,929 12,945
Median Age: 42.04 41.72 41.01
Households: 847 3,731 5,256


Photograph of Listing Agent

Sarah A Scott

Coldwell Banker Hartung Member
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