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
Listing Details MLS# 779936
Contract Info
- List Price/SqFt
- 60.14
- Sub-Type
- Industrial
Location
- Area
- 10 – Washington County
- Street #
- 824
- Street Name
- Mary Helen
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32428
- County
- Washington
- Sub Area
- 1001 – Washington NE
- Subdivision
- Chipley Industrial Park
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 00000000-00-2259-0025
- Directions
- Hwy 10, north on Hwy 77, Right on Brickyard Rd, Left on Mary Helen Dr.
- Legal Description
- 10 4 13 12.92 ORB 1191 P 361 PARCEL DESC IN ORB 1191 P 361
General Property Info
- List Class
- Commercial
- Immediate Occupancy
- No
- Construction Status
- Construction Complete
- # of Units
- Yes
- SqFt Unit
- 33983
- # of Stories in Building
- Yes
- Acreage
- 12.92
- SqFt – Office
- 1983
- SqFt Tot Bldg
- 40736
- Year Built
- 2007
Business Only
- Year Built
- 2005
- Building SqFt
- 33983
- Unit SqFt
- 1983
- Cap Rate
- 6
Income Producing
- Year Built
- 2007
- Cap Rate
- 6
More Information
Industrial
- # Ground Level Doors
- 3
- Building SqFt
- 38446
- # Dock High Doors
- Yes
- Sprinklers?
- Yes
- Rail?
- No
- Office SqFt
- 1980
- Year Built
- 2007
- Cap Rate
- 6.01
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
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Metal
- Yes
- Siding – Metal
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Present Zoning
- Commercial
- Yes
Utilities
- Electricity – Connected
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
Sale Type
- As Is
- Yes
Business/Property
- Anchor Tenant
- Yes
- Office Area
- Yes
- Restrooms – Private
- Yes
Floors in Unit/Home
- One
- Yes
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.