502 Garrison Avenue, Port St Joe, FL 32456

$2,350,000

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List Price
$2,350,000
Status
ACTIVE
Price Change
▼ $450,000 1786997337
MLS#
793403
Subtype
Commercial Sale
Year Built
1999
Lot Size
114,127
Acres
2.62
Subdivision
No Named Subdivision
Neighborhood
Gulf County - Port St. Joe
MLS Area Major
Gulf County

Property Description

Operating USPS facility on 2.60 acres in downtown Port St. Joe. 11,454 SF building with 8,255 SF of heated and cooled interior space, 80+ striped parking spaces, zoned C1-A Commercial, FEMA Zone X Shaded. Modified NNN lease. Current rent $140,000/year, escalating to $150,000/year in 2029, with locked-rate five-year renewals thereafter. Scarce downtown infill parcel with limited replacement sites. Buyer to verify lease terms and figures prior to​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ offer.

Additional Information

Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Success Realty.