$1,556,667
163 E Gulf Beach Drive St George Islan, FL 32328-9999
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$1,556,667
Est. payment /mo
4,140 SqFt
Active
163 E Gulf Beach Drive St George Islan, FL 32328-9999
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UPDATED:
05/28/2024 07:50 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,140 sqft
Price per Sqft $376
Subdivision St. George Island
MLS Listing ID 369630
Lot Size 6,534 Sqft
Property Description
Want to have a money making investment and a residence on a beautiful island? The SUBWAY has been here since 2005 and wants to stay indefinitely. Income is very stable. The SUBWAY has approx. 2070 square feet. The second floor is a large residence also with 2070 sq. ft, for a building total of 4140 sq. ft. Zoning allows for both business and residence. Residence has two large living areas, including a beautiful GREAT room, three large bedrooms and two full bathrooms. This appears to be one of the largest condos on the island. The SUBWAY rent alone is $5000/month. A SUBWAY national NNN lease will be used. The building has been grandfathered for flood insurance, so the price is only $2600/yr. The Subway portion has a new HVAC installed approx. 2021. Regular maintenance has been done on the building and the septic system. A new roof was installed and permitted in 2023 by Lloyd's Roofing of Tallahassee.
Location
State FL
County Franklin
Area Franklin
Others
Ownership Bruce Campbell
Listed by Xcellence Realty
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