Welcome to 4 9th Avenue, an exceptional commercial investment opportunity in Shalimar, Florida. This business complex comprises two addresses, 60 2nd Street and 4 9th Avenue, offering a versatile and thriving environment for a mix of professional office spaces and restaurant tenants. Key Features: *Total Leasable Area: Approximately 31,486 square feet. *Land Area: Spanning 3.57 acres. *Location: Strategically situated just off Eglin Parkway (Highway 85) with excellent road visibility. *Proximity: Across from the County Services Building and only 2 miles from the Eglin Air Force Base Main Gate, making it a prime location for military contractors. *Tenant Profile: A stable mix of long-term tenants, ensuring consistent occupancy and income. *Financing Opportunity: The current loan on the property, with an attractive interest rate of 4.95%, could possibly be assumable. The loan has a balance of approximately $2.3 million and does not have a balloon payment due until May 2027. This well-maintained complex offers significant potential for investors seeking a steady revenue stream and the opportunity to own a prominent commercial property in the heart of Shalimar. Don't miss out on this rare opportunity to acquire a key asset in a high-demand area. *Broker has ownership interest in property.
Class A, 2 story free standing office building,, has an elevator for easy access to the 2nd floor. The unit is located on the 2nd floor, just minutes from front gate of Eglin AFB located in Meigs Office Complex in Shalimar, FL
Bring your business to Shalimar. Located across the street from the new county services building. This is a secure stand alone building in the 4 9th Ave professional office complex. Possible for retail operation, too. Has a waiting room/lobby, receptionist and file room, 8 large offices, 2 bathrooms. Owner open to interior modifications and exterior paint.
Pro-rata Utilities. No Cam. Class A Office, with reception area.
The median home value in Shalimar, FL is $465,000. This is higher than the county median home value of $354,500. The national median home value is $338,100. The average price of homes sold in Shalimar, FL is $465,000. Approximately 61.14% of Shalimar homes are owned, compared to 28.96% rented, while 9.9% are vacant. Shalimar real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shalimar real estate agent to arrange a tour today!
Shalimar, Florida has a population of 823. Shalimar is less family-centric than the surrounding county with 28.91% of the households containing married families with children. The county average for households married with children is 30.79%.
The median household income in Shalimar, Florida is $90,000. The median household income for the surrounding county is $67,390 compared to the national median of $69,021. The median age of people living in Shalimar is 44.2 years.
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 65.7 inches per year, with 0 inches of snow per year.