turn- key restaurant

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30150709
Property Subtypes: Restaurant
Status: Pending
Building Size (RSF): 1,225 SF
Gross Land Area: 0.45 Acres
Sale Price: $225,000
Unit Price: $183.67 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,225 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2019

Overview / Comments

Turn-key freestanding 1225 sf restaurant on Hwy 98 in Mary Esther. The building is currently a Subway Sandwich location and can be included in the sale if desired. This property has over 10,000 residents within a 5 min drive time and an average household income of $79,000. Daily traffic counts over 34,000.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa
Tax ID/APN: 16-2S-25-0000-0017-0060
Property Visibility: Excellent
Feet of Frontage: 108
Highway Access: Hwy 98
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,225 SF
Property Condition: Good
Year Built: 1985
Construction/Siding: Block
Total Parking Spaces: 16
Parking Ratio: 12 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,885 7,985 17,353
Median Age: 34.57 35.53 34.05
Households: 1,124 3,374 6,557


Photograph of Listing Agent

Chad Knaepple CCIM, SIOR

Taylor Allen Properties LLC Gulf Coast CMLS Member
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