4400 E Highway 20 - Medical FOR SALE


Niceville, FL 32578- Bluewater Bay
$700,000 USD
850-389-8533
4400 E Highway 20, Niceville, FL for Sale
$700,000 USD
Medical - FOR SALE
1/40
null | 8.57% Cap Rate

4400 E Highway 20
Niceville, FL 32578
Bluewater Bay


HIGHLIGHTS

  • Medical office condo property in affluent area of Niceville, Florida: median household income for residents within 1-mile radius equals $113,160.
  • Nearby amenities include a daycare, banking, podiatrist, dentist, hearing center, and a diverse restaurant mix.

OVERVIEW

Located in Merchants Walk in Bluewater Bay, this versatile property offers 4 commercial units sold as one package, perfect for a variety of business needs. Side 1 (Unit 503 & 504) Includes: 5 Private Offices, 1 Large Conference Room, and 1 Bathroom. Side 2 (Unit 505 & 506) Includes: 3 Private Offices, 1 Large Conference Room, Reception Area and Work Room Space, a Kitchenette with a farmhouse sink, cabinets, and space for a microwave or toaster oven, and 1 Bathroom. Front and rear exits on both sides for easy access. Functional layout and professional finishes. Whether you're looking to expand your business or invest in commercial space, this property offers flexibility and potential.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

8.57%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

Commercial

APN/PARCEL ID

23-1S-22-5066-0000-5030,23-1S-22-5066-0000-5040,23-1S-22-5066-0000-5050,23-1S-22-5066-0000-5060

ASK ABOUT THIS PROPERTY

Andrew TidwellSound Choice Real Estate LLCMore Info
850-389-8533

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Andrew TidwellSound Choice Real Estate LLCMore Info
850-389-8533

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.