For Sale
$349,999

3831 Highway 77Chipley, FL 32428

High-visibility income opportunity, 3 acres.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property in Chipley, Florida, presents a unique investment opportunity. Located on Highway 77, a major thoroughfare currently undergoing expansion, this 3-acre parcel boasts approximately 384 feet of high-visibility frontage. The property includes a renovated 864-square-foot block building currently used as a one-bedroom, one-bathroom rental house. Also included is a substantial 3,000+ square-foot, three-bay garage featuring an office, two 11,000-pound capacity two-post lifts, an industrial air compressor, and a bathroom. A 50' x 25' pole barn adds further versatility. The property benefits from easy access to I-10 to the north and the Emerald Coast beaches to the south. The 2023 AADT traffic count on this section of Highway 77 is 5,300, according to the Florida Department of Transportation. Washington County is experiencing rapid growth, with numerous new homes under construction and many more planned. This property offers numerous possibilities, from using the existing structures for a business to expanding and developing additional buildings. The asking price is $349,999. Adjacent parcels may also be available. The property was built in 1984 and is a single-story structure.

Highlights

  • Exceptional investment opportunity in Chipley, FL on Hwy 77, a major thoroughfare undergoing expansion.
  • 3-acre parcel with 384 ft of high-visibility frontage.
  • Includes a renovated 864 sq ft building (currently a 1 bed/1 bath rental) and a 3,000+ sq ft, 3-bay garage with office, lifts, and compressor.
  • Features a 50' x 25' pole barn.
  • Excellent access to I-10 and the Emerald Coast beaches; 2023 AADT 5,300 (FDOT).
  • $349,999 asking price; adjacent parcels may be available.

Property Details for 3831 Highway 77

Property type
Specialty properties
Square Feet
864 SF
Year Built
1984
Stories
1

Location Insight

City
Chipley
County
Washington
State
Florida
Latitude
30.6142
Longitude
-85.5935389
3831 Highway 77, Chipley, Florida

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3831 Highway 77
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