Great location on Hwy 98 Restaurant Building

Retail-Commercial for Sale
Catylist Listing ID: 30217388
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 7,700 SF
Gross Building Area: See Agent
Gross Land Area: 74,000 SF
Sale Price: $2,300,000
Unit Price: $298.70 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Ocean Buffet
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2018

Overview / Comments

Excellent restaurant building for sale. It is located at heavy traffic area on main Hwy 98. Central location for beaches, business, shopping centers, Eglin AFB and Hurlburt AFB. Large restaurant building sit on 1.83 acres of land. Business is not included. Please call or text for rental income.

Attachments & Media

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 15-2S-24-219G-000A-00A0
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Located Between: On busy HIghway 98 between Memorial Pkwy
Property Visibility: Excellent
Largest Nearby Street: Highway 98
Feet of Frontage: 200
Highway Access: ON Highway 98
Airports: Destin-Fort Walton Beach Airport or
Site Description: Free standing restaurant/bar building.
Area Description: Central location with heavy traffic
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,700 SF
Property Condition: Good
Year Built: 1994
Roof Type: Hip
Parking Type: Surface
Heat Type: Electricity, Natural Gas, Hot Water
Heat Source: Central
Internet Access: Cable
Zoning Description: Commercial
Lot Frontage: 200
Lot Depth: 370
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,872 43,879 67,061
Median Age: 40.13 39.2 38.65
Households: 3,435 19,035 28,272


Photograph of Listing Agent

HyoSun Choe-Kelly

Keller Williams Realty Emerald Coast Gulf Coast CMLS Member
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