S Ferdon Blvd Lots For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30871402
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 2,067 SF
Gross Building Area: See Agent
Gross Land Area: 1.13 Acres
Sale Price: $1,150,000
Unit Price: $556.36 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2024

Overview / Comments

Attention developers! There is a prime opportunity available in Crestview's rapidly expanding market. Approximately 1.13 acres of commercial land are available for purchase. The property has two buildings, Sweet Southern Vapes with 1,176 SF and Lawrence Kramer’s Upholstery with 891 SF. Lawrence Kramer’s Upholstery has been in business for nearly 53 years. The main thoroughfare is ideally on Hwy
85/S Ferdon Blvd and boasts high traffic counts exceeding 38,500 AADT. Located across from Southside Primary School, the site enjoys proximity to residential areas, restaurants, and national retailers, including Walmart, Publix, Lowe's, and more.

Current Tenants

Tenant Business Name Lawrence Kramer's Upholstery
Is Renting? Yes
SF of Space Occupied 891 SF
Tenant Business Name Sweet Southern Vapes
Is Renting? Yes
SF of Space Occupied 1,176 SF

Additional Details

Tax ID/APN: 17-3N-23-2490-0132-0070|2
Zoning: C-1
Property Located Between: Cobb Ave and Bowers Ave
Property Visibility: Excellent
Largest Nearby Street: S Ferdon Blvd
Feet of Frontage: 246
Traffic/Vehicle Count: 38,500
Airports: Destin-Ft Walton Beach Airport
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,176 SF
Property Condition: Good
Lot Frontage: 246

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Contact

Photograph of Listing Agent

Harry Bell

Bellcore Commercial LLC Gulf Coast CMLS Member
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