4000 Overseas Highway, Marathon, FL

Industrial for Sale - $2,800,000


Agent Info

Pam Nada-Caley
Coldwell Banker Schmitt Real Estate Co.

Property Info

CIMLS#1149398
Location
  4000 Overseas Highway
  Marathon FL 33050
UpdatedApril 26th, 2024
TypeIndustrial
Price$2,800,000

Property Description

This incredible elevated 38,000 sq. ft. corner property with 200 feet of Overseas Highway frontage is zoned mixed use commercial. The lot is enclosed with CBS retaining walls and topped with a CBS fence. This unique large lot provides plenty of space to add offices or buildings with adequate parking area. It includes most of the right-of-way along Overseas Highway which helps in getting approval for a second entrance on Overseas Highway, if needed. (Contact the City of Marathon for details.) The lot was filled and graded to provide protection from rising water levels. A 2016 Elevation Certificate showed the Flood Zone as AE 8 and the lowest adjacent finish grade next to the building in back of the lot to be at 8.1 ft. After Hurricane Irma in 2017 the lot had only 3 palm fronds to remove. The 850 sq. ft. office situated toward the back of the lot will enhance any business you are planning. Added features of the office include two office spaces, break room, storage area, 1 baths, generator with 2000 gallon propane tank, handicap ramp and parking area. Remember commercial buildings do not require TBR's, and the City of Marathon has commercial sq. ft. space available. There is a second water meter for irrigation. Call today for a showing to see this spacious mixed use property. Please do not walk on the property without the listing agent.


Financials


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