Vacant Bank Branch - Winn Dixie Outparcel

Retail-Commercial for Sale
Catylist Listing ID: 30707092
Property Subtypes: Free-Standing Building
Building Size (RSF): 3,602 SF
Gross Building Area: See Agent
Sale Price: $895,000
Unit Price: $248.47 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/23/2021

Overview / Comments

Tremendous Opportunity to acquire a Vacant Bank Branch in Niceville, FL. The property is situated on the heavily traveled Highway 20 (31,000+ car per day) and has excellent visibility. Located in the heart of Bluewater Bay neighborhood. The building is conveniently located near several other national tenants and sits as an outparcel to the Winn Dixie anchored shopping center.

The building is in excellent condition and is approximately 3,602 square feet with four drive-through teller lanes and ample parking. The site is zoned commercial, and at just under 1 acre. The property is priced aggressively, which makes it a perfect candidate for multiple redevelopment possibilities.

This property has a 2-year financial use restriction.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 23-1S-22-0000-0001-0210

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,415 20,777 32,839
Median Age: 42.25 44.3 43.34
Households: 2,540 8,186 13,420

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