5500 Stewart St - Specialty FOR SALE


Milton, FL 32570
$3,995,000 USD
850-733-6532
5500 Stewart St, Milton, FL for Sale
$3,995,000 USD
Specialty - FOR SALE
1/9
null | Request Cap Rate

5500 Stewart St
Milton, FL 32570


HIGHLIGHTS

  • Prime Stewart Street frontage with high traffic counts
  • Strategic location across from Milton High School
  • Rear access to Blackwater Heritage State Trail
  • Surrounded by national retailers and community amenities
  • Strong demographics with growing household income

OVERVIEW

This prime redevelopment opportunity at 5500 Stewart Street offers unmatched visibility and strategic positioning in Milton, Florida. Formerly a hospital, the property spans 3.72 acres with a substantial 66,110 SF structure, making it ideal for adaptive reuse or new development. Located directly across from Milton High School and fronting Stewart Street—a major corridor with an AADT of 17,400—the site ensures high traffic exposure and convenient access for future occupants. The property benefits from dual access points, including rear connectivity to the Blackwater Heritage State Trail, creating a unique blend of accessibility and lifestyle appeal. Within walking distance are key community amenities such as Carpenter’s Park, the City Library, and Historic Downtown Milton, offering a vibrant environment for mixed-use concepts. Surrounding the site is a strong retail and service presence, including national brands like Publix, Walgreens, and Planet Fitness, reinforcing its commercial viability. Demographics underscore the opportunity: nearly 47,000 residents within five miles and an average household income exceeding $66,000. With Milton’s steady growth and proximity to major highways, this asset is positioned for long-term value creation. Whether envisioned as a medical campus, office complex, or specialty redevelopment, 5500 Stewart Street delivers the scale, location, and infrastructure to support a transformative project.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

3.72 AC

LAND SF

162,043 SF

ZONING

C-2

APN/PARCEL ID

34-2N-28-0000-17900-0000

ASK ABOUT THIS PROPERTY

Melissa SimpsonColdwell Banker Commercial RealtyMore Info
850-733-6532

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Melissa SimpsonColdwell Banker Commercial RealtyMore Info
850-733-6532

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