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106 Reid Ave

Port Saint Joe, FL 32456

$105,000

Freestanding For Sale  •  400 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 400 Sq Ft
  • Lot Size 0.06 ac
  • Building Class C
  • Year Built 1938
  • Cap Rate 9.50 %
  • Tenancy Single
0 Transit Score
53 Walk Score

Description

Excellent value opportunity in heart of primary PSJ retail district. +/-600sf building on site (w/ tenant) as well an additional +/-2,150sf of vacant space with an alleyway access easement. Opportunities for additional or expanded building construction available. Excellent opportunity for small business owner looking for space on Reid or Investor looking for a low-entry income property at the coast.

Located on Reid Ave, in between 1st and 2nd Street on the south side of Reid.

Financial Summary (Actual)

Net Operating Income: $9,975 (2016)
Cap Rate: 9.50 %

Parking Details

Parking Available: No
Reserved: No
Type: Surface
Included in Rent: Yes
Patrick Jones 850-814-5878 NAI TALCOR
Patrick Jones 850-814-5878 NAI TALCOR