Catylist ID:
#30798570
Retail + Night Club + Parking Lot | Downtown Fort Walton Beach, FL
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: | 30798570 |
| Property Subtypes: | Free-Standing Building, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other |
| Status: | Pending |
| Building Size (RSF): | 21,058 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.23 Acres |
| Sale Price: | $2,100,000 |
| Unit Price: | $99.72 PSF |
| Property Use Type: | Business |
| Usable Size (USF): | 21,058 SF |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/17/2023 |
Overview / Comments
| Location, Location, Location! Zoned Commercial & Mixed-Use. Prime for development or holding. Property includes the Vibe Night Club, Fort Walton Beach Flea Market, & a large parking lot. Property consists of 2 parcels. Key location to great traffic exposure! Fronts 2 main arteries (Eglin Pkwy & Perry Ave). Downtown Fort Walton Beach, FL offers unique shopping experiences including antique shops, surf shops, clothing boutiques, art & jewelry stores, local restaurants & bars, live music, The Landing (waterfront park/recreation facility) w/annual events, local farmers market, hotels, & so much more! Property located in the designated Fort Walton Beach Downtown Business & Entertainment District. Just a few blocks away from Hwy 98 & the Brooks Bridge. Do not disturb tenants. Call for details |
Attachments & Media
Additional Details
| Nearest MSA: | Crestview-Fort Walton Beach-Destin |
| County: | Okaloosa |
| Submarket Type: | Redevelopment District |
| Taxing Authority: | Okaloosa County |
| Tax ID/APN: | 2 Parcels: 13-2S-24-1910-0396-0000 & 13-2S-24-1910-0488-0000 (See Legal Description) |
| Zoning: | MX-2 & CG |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Other |
| Property Located Between: | Eglin Pkwy (Hwy 85) & Perry Ave |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Eglin Pkwy (Hwy 85), Hwy 98 |
| Feet of Frontage: | 452 |
| Traffic/Vehicle Count: | 24,000 |
| Highway Access: | Eglin Pkwy (Hwy 85) & Perry Ave |
| Airports: | Destin-Fort Walton Beach Airport (FlyVPS) |
| Site Description: | Great location with property located between two main thoroughfares featuring large parking lot, retail building, plus night club/bar all situated on 1.23 Acres. |
| Area Description: | Downtown Fort Walton Beach, Florida offers a variety of unique shopping experiences including antique shops, surf shops, clothing boutiques, art & jewelry stores, local restaurants and bars, live music, The Landing (waterfront park/recreation facility) with annual events, local farmers market, hotels, and so much more! Property located in the designated Fort Walton Beach Downtown Business and Entertainment District. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1960 |
| Year Renovated: | 1985 |
| Roof Type: | Gable |
| Total Parking Spaces: | 82 |
| Parking Type: | Surface |
| Interior Description: | East side of building has 2 stories (Club/Bar side) |
| Zoning Description: | Commercial & Mixed Use |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Ingress/Egress, Utilities |
| Land Ownership: | owned |
| Legal Description: | Purchase includes 2 Okaloosa County Parcels - 13-2S-24-1910-0488-0000 & 13-2S-24-1910-0396-0000 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,039 | 43,265 | 65,566 |
| Median Age: | 41.33 | 39.82 | 39.06 |
| Households: | 4,137 | 18,914 | 28,011 |
Contact
Kenneth WrightPlatinum Lifestyle Professionals of Coldwell Banker RealtyGulf Coast CMLS Member 
Deneen M SufnarColdwell Banker RealtyGulf Coast CMLS Member |
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