4325 W W Commons Drive, Destin, FL 32541

$4,995,000

Property Description

Great commercial opportunity in Destin. Approximately 5 acres, with 3 adjoining buildings totaling 32,214 sq ft of space. Recent appraisal at $6M. Not included in the appraisal: kitchen equipment, desks, classroom equipment, sound electronic equipment, considered personal property. Adjacent to Mattie Kelly Arts Foundation, Venue apartments and convenient to Walmart, shopping and restaurants.The zoning is Mixed Use. Flood zone 'X'.Shape of the property is irregular but very fuctional. Topography is level to gently sloping. All utilities. Parking spaces- 205. Site improvements include paved parking, paved driveways, paved ingress/egress, childrens playground & equipment, large fountain, concrete walkways, & two large porticos. Bldg ''1'' Sanctuary, contains 12,871 heated sq ft includin balcony; Bldg"2" Administration, contains 5,180 sq ft of heated space; Bldg "3" Fellowship Hall, contains 14,163 sq ft of heated space including a 2nd floor audio visual space. Annual Property and Casualty Insurance premium approximately $25k. Measurements as per property appraiser. Buyer to verify ALL dimensions and ALL information.

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Listing courtesy of RE/MAX By the Sea.