Request Information
Schedule Showing
Save Listing
Your Account
|
|
St. George Island, FL Commercial Property For Sale
Property Type:
Commercial / Business
Price: $1,872,000
Status:
Active
Days on Website:
252
Sqft: 4,140
Lot Size: 6782
Year Built: 2001
Subdivision: St George Bay
Address:
163 Gulf Beach Dr
Area:
St. George Island,
FL
MLS #:
316872
|
|
Description:
Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a residence of equal size. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent is $4000/month. A SUBWAY national lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600. The Subway building had a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee. Price represents the Zillow Estimates for value of the first floor ($1,004,000) and the second floor ($868,000).
|
Features for 163 Gulf Beach Dr, St. George Island:
Listing courtesy of Reciprocal Office
|
Map and related commercial property for sale:
 Loading Map Data..
|
© 2024 Forgotten Coast REALTOR Association. All rights reserved. Information deemed reliable, but not guaranteed.
Listed on March 13, 2024 / Last refresh November 22, 2024
