+/- 1.70 Acre Prime Corner Retail with Drive thru!!!

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Office
Catylist Listing ID: 30860363
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Movie Theatre, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Status: Pending/Contingent
Building Size (RSF): 1,776 SF
Gross Building Area: 2,105 SF
Gross Land Area: 1.70 Acres
Sale Price: $775,000
Unit Price: $436.37 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 1,776 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2024

Overview / Comments

Check out this Huge 1.7 Acre lot on the corner of Highway 87 and Nevada St! A premier commercial space nestled in the heart of Navarre, FL. As one of the fastest growing counties in the state, this strategically located property offers an exceptional opportunity for businesses looking to establish themselves in a thriving community. With its convenient location, ample space, and versatile layout, this property is ideal for a wide range of commercial ventures.

This 2020 building has a mostly open interior that is adaptable to a plethora of businesses. It is located on a high traffic corner lot with a median cut and a drive thru window!!! This makes it a perfect fit for QSR, banking, Coffee shops and much more!!

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 17-2S-26-0000-00168-0000
Zoning: HCD
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: Highway 87, Highway 98
Largest Nearby Street: Highway 87
Feet of Frontage: 242
Traffic/Vehicle Count: 24,500
Highway Access: Situated in a bustling commercial area, this property is easily accessible and benefits from Navarre's growing business community.
Airports: Pensacola International Airport, Destin-FT. Walton Beach Airport
Site Description: The property offers ample space with a 1.70 Acre Lot. It is rare to see a lot of this size in the heart of town, making it perfect for a wide variety of businesses.
Area Description: Navarre offers a vibrant community with a mix of residential and commercial areas. Nearby amenities, including restaurants, shops, and recreational facilities, attract a steady flow of potential customers and clients to the area. The average household income is higher in this area and also boosts a good amount of military. Navarre's strategic location and steady economic growth make this property an attractive investment opportunity. The area is known for its year-round tourism and strong local economy, providing a solid customer base for any business. This property is less than a 10-minute drive to the Beautiful Emerald Waters of Navarre Beach.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,776 SF
Property Condition: Excellent
Year Built: 2020
Year Renovated: 2020
Roof Type: Hip
Construction/Siding: HardiePlank Siding
Exterior Description: The property features a well-maintained facade, ensuring a professional and inviting appearance for customers and clients. Ample parking space is available, accommodating both employees and visitors.
Total Parking Spaces: 11
Parking Type: Surface
Parking Description: A generously sized parking area ensures convenience for your customers and clients.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite, Gigabit, Fiber Optic, Other
Interior Description: Main Lobby is open with a separated area that was used as a pharmacy. No existing walls are load bearing and the interior can be configured as needed.
Zoning Description: Highway Commercial Development (HCD) – To provide for a wide range of commercial uses in appropriate and easily accessible locations adjacent to major transportation corridors and having access to a wide market area.
Lot Frontage: 242
Lot Depth: 306
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PARCEL 3: THE S 100 FT OF ANDPARCEL 4: N 142 FT OF S 242 FTOUT OF THE FOLLOWING: BEG AT WR/W OF HWY 87 & N R/W OFNEVADA ST THN W ON N R/W 306.31 FT TO E LN OF 2ND ADD TONAVARRE SUB THN RT 98*03'17"ALNG E SUB LN 1326.90 FT THN81*56'43" RT 306.31 FT TO W R/W OF HWY 98 THN 98*03'17" RTON R/W 1326.90 FT TO POB ASDES IN OR 3936 PG 1955 SUBJ TOA 10' DRAIN ESMNT & A 35'ESMNT FOR INGRESS/EGRESS &UTILITY ESMNT ON W SIDE LESSANY PORTION OF OR 1564 PG 314& OR 1902 PG 991 TO DOT ALLLYG IN SECTION 17 TOWNSHIP 2SOUTH RANGE 26 WEST & AS DESIN OR 4301 PG 748

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,773 28,525
Median Age: 35.56 36.09
Households: 8,235 10,726

Contact

Photograph of Listing Agent

Athanasios (Saki) Filios

Salter Commercial LLC Gulf Coast CMLS Member
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