Retail-Commercial for Sale
Catylist Listing ID: 30819395
Property Subtypes: Vehicle Related, Other
Building Size (RSF): 3,700 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $297.30 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2024

Overview / Comments

This is a 'rare' opportunity to own a free standing commercial building anywhere in the Niceville Bluewater Bay Area. The entire property was totally renovated from the inside/out in 2017-18 that included underground storm water, a new sewer line permitted for city sewer, 3 phase power, and a new parking lot. Although the property has a new sewer line, the building currently operates on 2 septic tanks behind the building. The building's improvements consisted of a metal seam roof, 8 large store front windows, two new glass doors, cooper wiring and electric panel, a 7 ton HVAC system, urban style duct work, foam insulation, LED lighting throughout, and a beautifully painted concrete flooring emulating the Caribbean teal green waters of Destin, Florida.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 24-1S-22-0640-000E-0010

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,132 15,988 29,556
Median Age: 39.26 43.59 44.14
Households: 1,246 6,369 12,020


Photograph of Listing Agent

Craig Barrett

NBI Properties, Inc. Gulf Coast CMLS Member
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