812 Weeks StBonifay, FL 32425

Property Details for 812 Weeks St

Year built

1997

Lot size

0.74 AC

Property size (Sq ft)

3,530 SF

Property type

Office properties

Property subtype

Office buildings

APN

0606.01-000-000-011.000

APU

60601000000011000

Description

This exceptional 3,530 square foot, handicap-accessible commercial office complex in Bonifay, Florida presents a unique investment opportunity. Situated on a 0.74-acre lot just one block from Highways 79 and 90, this prime location ensures high visibility and convenient access. The well-maintained brick building is currently configured as a two-unit office space, originally designed as a doctor's office. Each identical suite boasts a large waiting room with two public restrooms, a reception area with a private restroom, six spacious exam rooms (each with sinks), and an oversized private office. One unit is fully furnished, while the other is ready for immediate customization. Separate HVAC systems provide year-round climate control, and a durable commercial-grade standing seam metal roof minimizes maintenance. Ample parking is available with 18 spaces, including two handicap-accessible spots. The property's versatile design lends itself to a wide range of professional uses, including but not limited to medical offices, daycare centers, beauty salons, government offices, insurance agencies, home health care businesses, construction offices, or financial processing centers. The duplex layout offers the potential for owner-occupancy with rental income from the second unit. This property represents a compelling combination of location, functionality, and income potential. Don't miss this chance to acquire a thriving commercial property in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $421,159

  6.5%

  $388,762

  7%

  $360,993

• Comparable approach

  Method

  Valuation

  Relative Method

  $250,948

  Geo Method

  $250,948

• Alternative Use

  Use

  Valuation

  Residential

  $482,065

  Hospitality

  $441,569

  Educational

  $367,380

  Medical

  $380,015

  Retail

  $571,480

Location Insight

City

Bonifay

County

Holmes

State

Florida

Latitude

30.7846

Longitude

-85.6755

Property Tax & Assessments

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