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824 Mary Helen Drive, Chipley, FL 32428

$2,450,000
Property Type: Commercial for Sale Square Footage: 40,736 Lot Size (sq. ft.): 562,795 Status: Active
Current Price: $2,450,000 List Date: 10/03/2025 Last Modified: 10/04/2025

Description

Warehouse for sale - Located in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space is net leased to WestPointe Home, a division of Ichan Industries. The Story: The below market rate lease term runs for approx. Lease ends in July 2026 great for owner occupied. The warehouse has a 25-foot ceiling heights, 2 ground-level roll up doors, 1 loading door with 4' truck well, concrete load-stressed floors, metal roofing, and full fire suppression. The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Approx 7 Acres dry and high vacant land to construct on. Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to service. Quick Access to Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2007, the Chipley Warehouse includes a 1,983 SF office building built in 2005 and is in good condition. CAP rate on current NOI is 6.01%.

More Information MLS# 779936

Contract Info

List Price/SqFt: 60.14 List Date: 2025-10-03 List Price: $2,450,000 Current Price: $2,450,000 Sub-Type: Industrial

Location

Sub Area: 1001 - Washington NE Community/Resort: None Waterfront: No Directions: Hwy 10, north on Hwy 77, Right on Brickyard Rd, Left on Mary Helen Dr. Area: 10 - Washington County Street #: 824 Street Name: Mary Helen Street Suffix: Drive State: FL Zip Code: 32428 County: Washington Subdivision: Chipley Industrial Park Parcel ID: 00000000-00-2259-0025 Legal Description: 10 4 13 12.92 ORB 1191 P 361 PARCEL DESC IN ORB 1191 P 361

General Property Info

List Class: Commercial Acreage: 12.92 Immediate Occupancy: No Construction Status: Construction Complete # of Units: 1 SqFt Unit: 33983 SqFt - Office: 1983 # of Stories in Building: 1 SqFt Tot Bldg: 40736 Year Built: 2007

Listing Info, Tax and Legal

HOA Fee: No

Remarks & Misc

Remarks: Warehouse for sale - Located in Washington County on 12.92 acres of land with 2 buildings, a 32,000 SF warehouse building and a 1,983 SF office space is net leased to WestPointe Home, a division of Ichan Industries. The Story: The below market rate lease term runs for approx. Lease ends in July 2026 great for owner occupied. The warehouse has a 25-foot ceiling heights, 2 ground-level roll up doors, 1 loading door with 4' truck well, concrete load-stressed floors, metal roofing, and full fire suppression. The property also has 220/240V, 3 phase power and City water/sewer, in an prime area for growth. Approx 7 Acres dry and high vacant land to construct on. Strategically located within the Chipley Industrial Park, within 3 miles to Interstate 10, this building provides an optimal position to service. Quick Access to Tallahassee, Pensacola, Montgomery, and Panama City MSA's. Constructed in 2007, the Chipley Warehouse includes a 1,983 SF office building built in 2005 and is in good condition. CAP rate on current NOI is 6.01%.

Construction/Siding

Floor - Concrete: 1 Foundation - Slab on Grade: 1 Roof - Metal: 1 Siding - Metal: 1

Financing

Cash: 1 Conventional: 1

Present Zoning

Commercial: 1

Utilities

Electricity - Connected: 1 Public Sewer - Connected: 1 Water Connected: 1

Sale Type

As Is: 1

Business Only

Year Built: 2005 Building SqFt: 33983 Unit SqFt: 1983 Cap Rate: 6

Business/Property

Anchor Tenant: 1 Office Area: 1 Restrooms - Private: 1

Floors in Unit/Home

One: 1

Industrial

# Ground Level Doors: 3 # Dock High Doors: 1 Building SqFt: 38446 Sprinklers?: Yes Rail?: No Office SqFt: 1980 Year Built: 2007 Property Type: Warehouse Cap Rate: 6.01

Income Producing

Year Built: 2007 Cap Rate: 6 Property Type: Industrial

Land

Property Type: Commercial

Status Change Info

Status: Active

Property Features

Financing: Cash; Conventional Present Zoning: Commercial Sale Type: As Is Utilities: Electricity - Connected; Public Sewer - Connected; Water Connected
Listing Office: SVN Riviera Commercial
Last Updated: October - 04 - 2025
Information deemed reliable but not guaranteed.