Tops'l Commercial Center

Retail-Commercial for Sale
Catylist Listing ID: 30861209
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 19,661 SF
Gross Building Area: See Agent
Gross Land Area: 2.40 Acres
Sale Price: $4,300,000
Unit Price: $218.71 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Tops'l Commercial Center
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/13/2024

Overview / Comments

This two-story mixed-use building offers approximately 20,000 square feet of flexible space suitable for both office and retail users. The ground floor is currently used for retail, while the second floor has traditionally served as office space. The property is equipped with multiple access points from Hwy-98, eye-catching monument signage, and well-lit, ample parking.

Currently, the ground floor is leased to multiple retail tenants, while the nearly 9,000 square foot second floor has been utilized by the owner-user, who intends to vacate the space.

20,000 SF
Mixed Use (Office/Retail)
41,500 AADT

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: HIGHWAY 98
Zoning: COASTAL CENTER

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,349 10,156 14,537
Median Age: 57.44 45.72 44.38
Households: 717 4,551 6,389

Contact

Photograph of Listing Agent

Kylle Shoemaker

Beck Partners CRE, LLC Gulf Coast CMLS Member
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