Commercial property in Palm Coast, Florida 565.77 sq.m. № 1808026

Property description

Office building for sale. Ideal for investment in an occupied building with 6.5% cap rate. Owner occupies approx. 60% of the building and is flexible to consider a lease back, subdividing, or vacating if the buyer needs the space. Leases are in place for the north side of the building and office suites both with their own entrances. New roof in 2025 and freshly paved parking lot with ample parking. Excellent location in the center of Palm Coast, close to the Community Center, shopping and easy access to I95 and Palm Coast Parkway. South side includes 12 offices, customer and staff bathrooms, lobby, reception area, conference room, break room, and storage. Northside includes 5 offices, conference room, 2 bathrooms, break room, reception, and lobby area. The building is in excellent condition and located in the Palm Harbor Office Park with complimentary businesses nearby.