For Sale
$845,000

215 Truman StFort Walton Beach, FL 32547

Two buildings, high rental potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two warehouse buildings totaling 14,232 square feet, situated on a 0.67-acre lot at 213 and 215 Truman Street, Fort Walton Beach, FL 32547. Conveniently located just off Racetrack Road near Eglin Parkway, these properties offer unparalleled access to military bases and the Destin area. Built in 1985, the buildings consist of a 6,500 square foot unit and a 7,732 square foot unit, each featuring multiple grade-level roll-up doors. Currently occupied by multiple tenants under month-to-month leases at below-market rates, this presents a significant opportunity for immediate income generation or owner-occupancy. The buildings share a common area, enhancing functionality and potential for synergistic use. The properties are zoned for industrial use and offer a compelling combination of location, size, and potential for increased profitability through lease renegotiation or repositioning. This is an ideal investment for those seeking a strong return on investment in a thriving market. The Okaloosa County location provides easy access to major transportation routes, further enhancing the value and appeal of this property. The asking price for this multi-tenant warehouse complex is $845,000.

Highlights

  • Two 14,232 SF warehouse buildings in Fort Walton Beach, near Racetrack Rd and Eglin Pkwy.
  • Currently occupied by multiple tenants on month-to-month leases at below-market rates, offering immediate income or re-tenanting potential.
  • Each building features multiple grade-level roll-up doors, with a shared common area.
  • Excellent location providing easy access to military bases and Destin.
  • 6500 SF warehouse at 213 Truman Street, built in 1985, with multiple tenants.
  • 7732 SF warehouse at 215 Truman Street, built in 1985, with multiple tenants.

Property Details for 215 Truman St

Property type
Warehouses, Industrial properties
Square Feet
14,232 SF
Year Built
1985
Buildings
2
Stories
1
Lot Size (sq. ft)
29,185 SF
Units
2

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.4467746
Longitude
-86.6068136
215 Truman St, Fort Walton Beach, Florida

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215 Truman St
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