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1317 S Us Highway 331

Defuniak Springs, FL 32435
  • $1,450,000
  • STATUS: Active
  • ON SITE: 161 Days
  • MLS #: 925870
$1,450,000
  • 0
    BEDS
  • 3.79
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Incredible income-producing property on 3.79 acres with 160 front feet on Hwy 331S just 2/3 mile north of I-10. Currently leased to LaRumba's Restaurant. DeFuniak Springs is growing with the newest additions of Starbucks, Chick-fil-A, Bay Springs development and the upcoming development at the NW corner of I-10 and 331S. Building total SF is 6368sf with 5096sf heated & cooled. There are 2 large dining rooms, bar area, plus a huge almost 1100sf covered patio area for outside dining. There is a large kitchen and prep room; . Kitchen equipment does not convey. Tenant is in a month to month lease currently. Owner will consider financing with appx 20% down and negotiable terms. This is one of only two commercial properties available on Hwy 331S currently with monthly income.

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© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2023-11-27T23:03:54.213.
Vendor Member #28178.
www.somerscompany.com/homes/140725547
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1317 S Us Highway 331 Defuniak Springs, FL 32435

  • Price: $1,450,000
  • Status: Active
  • On Site: 161 Days
  • MLS #: 925870
0
Beds
0
Baths
0
½ Baths
3.79
Acres
Neighborhood:
North Walton County
County:
Walton
Area:
North Walton County
Property Description
Incredible income-producing property on 3.79 acres with 160 front feet on Hwy 331S just 2/3 mile north of I-10. Currently leased to LaRumba's Restaurant. DeFuniak Springs is growing with the newest additions of Starbucks, Chick-fil-A, Bay Springs development and the upcoming development at the NW corner of I-10 and 331S. Building total SF is 6368sf with 5096sf heated & cooled. There are 2 large dining rooms, bar area, plus a huge almost 1100sf covered patio area for outside dining. There is a large kitchen and prep room; . Kitchen equipment does not convey. Tenant is in a month to month lease currently. Owner will consider financing with appx 20% down and negotiable terms. This is one of only two commercial properties available on Hwy 331S currently with monthly income.
Exterior Features

Lot Size Dimensions 160X618x261x358x261

Property Features

Business Name Larumba's New Construction YN No Property Condition Existing Zoning C-2

Listing courtesy of Kim & Company: 850-635-1801.


© 2023 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Somers & Company. Vendor Member number: 28178. Data last updated: 2023-11-27T23:03:54.213.
Vendor Member #28178.
 
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Somers & Company
151 East County Highway 30A
Santa Rosa Beach FL, 32459