15950 331 Business - Light Manufacturing FOR SALE


Freeport, FL 32439
$1,600,000 USD
850-380-0877
15950 331 Business, Freeport, FL for Sale
$1,600,000 USD
Light Manufacturing - FOR SALE
1/17
null | Request Cap Rate

15950 331 Business
Freeport, FL 32439


HIGHLIGHTS

  • Prime location in bustling Freeport area: free standing retail building subdivided into 6 retail spaces.
  • Highly visible property: passed by 12,100 daily drivers.
  • Forecasts predict that the area within a 3-mile radius will experience growth of 24% between '24-'29.

OVERVIEW

his expansive single-story commercial property in Freeport, Florida offers a versatile layout suitable for various business needs. The space is characterized by its industrial-style architecture, featuring a corrugated metal ceiling and concrete flooring throughout. The main showroom area boasts high ceilings with fluorescent lighting, creating an open and bright atmosphere ideal for displaying furniture and home goods. Large windows allow natural light to filter in, enhancing the ambiance. The property has 3 separate units. Suite A is currently being leased as a wellness spa that is beautifully decorated. It is 300 sq. ft. +/- efficiently utilizes its compact space to offer a range of wellness services. Suite B is 10,822 sf. ft +/-. The property includes multiple areas for different functions. There's a spacious workshop with built-in workbenches and ample storage for tools and materials, perfect for light manufacturing or repair work. Several storage rooms provide additional space for inventory or equipment. The bathroom, while functional, has a unique artistic flair with multiple mirrors and vibrant yellow walls adorned with eclectic artwork. The showroom area is currently a furniture store, demonstrating the space's potential for retail use. The open floor plan allows for flexible arrangement of merchandise or workstations. Throughout the property, there are numerous built-in shelving units and storage solutions, maximizing the usable space. The property's layout and features make it adaptable for retail, warehousing, or a combination of commercial uses. Suite C is 800 sq. ft. +/- and offers a versatile layout suitable for a small business or creative studio. The single-story unit features an open floor plan with distinct areas for various functions. The main workspace is characterized by white painted brick walls, exposed ceiling beams, and fluorescent lighting, creating a bright and airy atmosphere. The bathroom, while compact, is functional with a toilet, sink and water heater. Windows allow natural light to enter, complementing the artificial lighting. The overall aesthetic is a blend of industrial and modern, with potential for customization to suit specific business needs. This space offers a practical and adaptable environment for a range of professional activities.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.43

LAND SF

62,073

ZONING

C-1

APN/PARCEL ID

15-1S-19-23000-018-0000

ASK ABOUT THIS PROPERTY

Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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