824 Mary Helen DR Active Save Request In-Person Tour Request Virtual Tour
Chipley,FL 32428
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Chipley Industrial Park
MLS Listing ID 779936
HOA Y/N No
Year Built 2007
Lot Size 12.920 Acres
Acres 12.92
Property Sub-Type Industrial
Property Description
Warehouse for sale - Located in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space is net leased to WestPointe Home, a division of Ichan Industries.
The Story:
The below market rate lease term runs for approx. Lease ends in July 2026 great for owner occupied.
The warehouse has a 25-foot ceiling heights, 2 ground-level roll up doors, 1 loading door with 4' truck well, concrete load-stressed floors, metal roofing, and full fire suppression.
The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Approx 7 Acres dry and high vacant land to construct on.
Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to service.
Quick Access to Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2007, the Chipley Warehouse includes a 1,983 SF office building built in 2005 and is in good condition.
CAP rate on current NOI is 6.01%.
Location
State FL
County Washington
Area 10 - Washington County
Interior
Flooring Concrete
Fireplace No
Exterior
Utilities Available Sewer Available,Water Connected
Building
Story 1
Entry Level One
Sewer Public Sewer
Level or Stories One
Others
Tax ID 00000000-00-2259-0025
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Listed As-Is