Property Showcase

5186 HWY 90Pace, FL 32571

$2,500,000
Commercial
Status: Active
  • Sqft:
  • MLS#: 548690
30.605422973632812-87.107353210449219
Courtesy Of Coldwell Banker Commercial NRT

Description:

Joint Venture Redevelopment Opportunity. 2 parcels including 5186 and 5200 totaling +/-11.11 acres with 324 ft of US-90 road frontage available. Owner will sell 5186 US 90 totaling +/-10.65 acres with 224 ft of US-90 road frontage. Property is zoned HCD and is located directly across from Lowes and the new IHop and Sonny's BBQ. Value is based upon the land and not the existing structures. Financials for existing can be provided with executed CA. Improvements to the property were completed in 2002 with the addition of the 8 mini warehouses. Each mini warehouse is a total of 3200 square feet separated from the Flea Market by a 6 ft. security fence. The 183 storage units include 79 - 10x20 units, 88 - 10x10 units, and 16 - 5x10 units The Mini Storage Units have electrical conduit run for lighting and additional improvements of gutters, fire extinguishers, fire hydrant and gravel drive throughout. 1.86 acres of cleared land enclosed within the 6 ft privacy fence in the rear for additional improvements if desired. Currently it is income producing as yard storage by the foot. The Flea Market includes 74 total units with additional income produced by Table Units rented per day and 2 vending machines on the grounds. The Market Antiques has a new roof which was placed on the Retail Shop in January of 2019.

Main Features:

Listing Status Active County Santa Rosa
Rental Price $0 Zoning HWY COMM DEV DIST
Building Name Pea Ridge Flea Market & Mini Warehouse

Additional Features:

Electric 3PHASE
Possible Use ANIMAL HOSPITAL
ANTIQUE STORE
APARTMENT BUILDING
AUTO DEALERSHIP
AUTO REPAIR/PARTS/TIRES
BANK
BEAUTY/BARBER
BEVERAGE
BOWLING CENTER
BUSINESS ONLY
CALL CENTER
CAR WASH
CHILD CARE CENTER
CHURCH
CONVENIENCE STORE
DRY CLEANER
FAST FOOD
FLORIST
FOOD SERVICE
FRANCHISE
FUNERAL HOME
GARDEN CENTRAL
GAS STATION
GROCERY
GYM/HEALTH CLUB/SPA
HARDWARE GOODS
HOTEL/MOTEL
INVESTMENT/INCOME PROD
KENNEL
LANDSCAPE/GARDEN
LAUNDROMAT
LIQUOR
LIVE/WORK
LOUNGE/BAR
MEDICAL/DENTAL
MULTI TENANT
NURSING HOME
OFFICE
PARKING
PAWN SHOP
PROFESSIONAL
RESTAURANT
RETAIL
RETIREMENT HOME
SENIOR CARE CENTER
SERVICE
SHOWROOM
SOFTGOOD
STORAGE-MINI
STRIP CENTER/MALL
SUPPLY STORE
THEATER
WAREHOUSE
WHOLESALE
Property Subtype COMMERCIAL
MULTI-FAMILY LAND
OFFICE LAND
RETAIL LAND

Extra Features:

Office Co List 1196 Tax ID 12-1N-29-0000-00801-0000
Total Acres 10.65

5186 HWY 90, Pace, FL 32571

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