Chiringo Grayton Beach Building

Retail-Commercial for Sale
Catylist Listing ID: 30355327
Property Subtypes: Restaurant
Building Size (RSF): 4,150 SF
Gross Building Area: See Agent
Gross Land Area: 0.16 Acres
Sale Price: $4,500,000
Unit Price: $1,084 PSF
Property Use Type: Investment
Building Name: Chiringo Grayton Beach Building
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/11/2018

Overview / Comments

Please contact the agent for more information about this listing.

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Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Tax ID/APN: 08-3S-19-25030-004-0010
Zoning: NEIGHBORHOOD INFILL (COMMERCIAL)
Site Description: REAL ESTATE ONLY. Business is not for sale. Located in Grayton Beach steps from the Gulf of Mexico. This property was completely renovated in 2016 and is one of the few commercial buildings on the beachside of Grayton Beach. Current owner will leaseback property from purchaser for a term no less than 10 years with extension options.
Area Description: This property is located on the corner of Defuniak Street and Hotz Avenue.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Renovated: 2016

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 510 510 3,941
Median Age: 52.97 52.97 45.92
Households: 247 247 1,834

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