Coastal Palms Commercial

    MLS Number: 666940
    Views: 11

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    1114-1120 THOMAS Drive
    Panama City Beach, FL 32408
    Square Foot of House
    7,487
    Sq Ft
    Number of Beds
    0
    Beds
    Number of Baths
    /0
    Baths
    $2,100,000
     
     
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    Main photo of property
    MLS #666940 Photo Number 1
    MLS #666940 Photo Number 2
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    MLS #666940 Photo Number 6
    Holmes County Realty
    1701 Waukesha St, Bonifay, FL 32425
    850-547-5357

     

    The structure is a Class A, Retail/Office, 6,901 square feet building with tremendous upside. It is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The building consists of 2 units with one at 4985 square feet and the other at 1916 square feet. Egg and I Restaurant currently occupies the 4985 square feet unit. Legacy Cabinets currently occupies the 1916 square feet unit. This Class A Structure is located on Thomas Drive directly across from the Naval Support System. Thomas Drive is the main tourist artery that serves the beaches. Other retail in thearea include Dunkin Donuts, Burger King, Rose's Nails, Rupert's Cleaners, 4M Engineering, Nephrology Associates, and Fatty Patty Restaurant and Bakery. Also included is the LaQuinta Hotel. All Leases are Triple Net Leases. Tremendous Upside!. SELLER IS OFFERING FINANCING WITH 25% DOWN, PAYMENTS BASED ON A 30 YEAR TERM WITH A 10 YEAR CALL. INTEREST RATE AT MARKET RATE. Additional Property available in the same Complex. SEE MLS 666930 and 666936,

    Listing provided courtesy of Varnes Realty

     

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    • Architecture

      • Year Built: 2008
      • Stories: 0
      • Project Facilities:
      • Construction: Construction Complete
    • Interior Features

      • Square Footage: 7487
      • Appliances:
      • Interior Features:
    • Property Features

      • Lot Access:
      • Lot Description:
      • Waterfront: N/A
      • Waterview:
      • Parking:
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    • Community

      • HOA Includes:N/A
      • HOA FEE:N/A
      • HOA Payable:N/A



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Current Data as of Tue Aug 4 11:18:19 CDT 2020
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