Youngstown FL Real Estate & Commercial for Sale

High-Traffic Commercial property located on Hwy 231. Perfect for any business., shop or restaurant. Railroad line directly behind property, Industrial re-zoning possible. All utilities available! Seller offering ''Buil-to-Suit'' outside of purchase. Contractor/Owner can provide building PERMIT and QUALIFY commercial construction. Three 40-foot steel shipping containers included in sale.

Nestled just off Highway 2301, this impressive church is a beacon of spiritual sanctuary and community in the area. The church, boasting over 4,400 square feet of space, is set on a sprawling 1.4acres property. Zoned for P/I (Public Institutional), it serves as a pillar of public worship and community engagement.One of its notable features is the generously sized parking lot, accommodating the needs of its congregation and visitors. For added convenience, there is a detached garage on the property, providing ample storage space for the church's various needs.This church is not only a place of worship but also a hub for community gatherings, events, and services. Its location and facilities make it an inviting and well-equipped place for people to come together in faith and fellowship.

Property has 4 addresses. 2 park owned existing mobile homes on property that are leasing for a total of $2080 a month. Expenses are extremely low because of well and septic. All figures and info are supplied by Seller and are not guaranteed and should be verified. Electric is less than $50 a month and Culligan has a water purifier rental for $130 a mo. Taxes are $945 a year or $79 a month. NOI around $21,855 a year giving a Cap Rate of 10.98%. Both units have been extremely well appointed during the rehab process with new kitchen cabinets in both units. Both even have granite kitchen countertops. Unit 8213 up front is a 1bd/1ba. Unit 8211 in back is a 14' wide (not the normal 12) and is a 2bd/2ba. Both bedrooms have their own bathrooms. One even has a garden tub and walk-in closet. Both units have Central HVAC and most appliances are new. Both units have washers and dryers. You'll see the quality and very little deferred maintenance the Seller takes pride in. Seller has another MHP (MLS# 737012) and owns both land and all units. 11 paying rentals located appx 1.5 miles away at 6904 thru 6920 Penny Rd. Asking Price $1.2M. Onsight Manager/Maintenance person takes care of both parks and is extremely trustworthy. Seller offering both properties at $1.4M (savings of appx 100k). Cap Rate is currently 8.08%. The larger park has 2 vacant lots that used to have units on them. Let someone put a unit on each of those vacant lots for $600 per unit raise rents by 7.5% and your total Cap Rate would be 10.06% based on $1.3M sale price. Call today for more details.

Great location on HWY 231 with 171' on HWY 231 and goes back 247'. Almost 1 acre parcel .97. HWY 231 is heavily traveled 4 lane highway, 388 is your east/west access to HWY 77 and HWY 79 as well as the Panama City Beach International airport.