Defuniak Springs City Hall & 4 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30713777
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 5,352 SF
Gross Building Area: See Agent
Sale Price: $3,250,000
Unit Price: $607.25 PSF
Property Use Type: Business
Building Name: Defuniak Springs City Hall
Usable Size (USF): 5,352 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/27/2021

Overview / Comments

The City of Defuniak Springs is selling City Hall. Funds will be used to relocate and build a new facility. This prime 4 acre parcel is located at the corner of Hwy 331 & Hwy 90 a prime thoroughfare for locals and tourists heading to the beaches of South Walton. No value was given for the existing buildings. Value is in the land, location and the high traffic count. Seller firm on price

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Defuniak Springs
Tax ID/APN: 25-3N-19-19070-001-8000
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: Highway 331 & Highway 90
Feet of Frontage: 493
Highway Access: access to Highway 331 and access to Highway 90
Airports: Defuniak Springs
Site Description: High traffic. Great visibility. Property is high & dry. all utilities available. corner lot
Area Description: subject property is located in the heart of Defuniak Springs Fl. votes the bet small town in the state of Florida.
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 7,750 SF
Property Condition: Average
Year Built: 1970
Parking Type: Surface
Parking Description: paved
Internet Access: Cable, DSL, Satellite, Other
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BLK 1800 LESS 150 FT N + S BY 100 FT E + W IN SW COR; N1/2 OF BLK 1801; N1/2 OF BLK 1802; BLK 1803 TOWN OF DEFUNIAK AND THAT PART OF MCNALLY PARK AND OAK PARK LYING S OF HWY 90 AND W OF HWY 331

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,223 8,924 12,944
Median Age: 40.77 38.69 38.8
Households: 965 2,958 4,543

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