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Income Producing Commercial Duplex

Niceville, FL 32578
  • $2,250,000
  • STATUS: Active
  • ON SITE: 357 Days
  • MLS #: 913034
UPDATED: 87 min ago
$2,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Income producing commercial duplex (Office & Restaurant) available for purchase in Niceville (Bluewater Bay), FL. (4504 Highway 20, Niceville, FL) This building sits as an outparcel to a grocery anchored shopping center that has tremendous mixed use synergy. This building consists of a 5200 SF office as well as an 1800 SF restaurant space. Each space is fully leased with 5 year terms. (5200 SF space leased to a Defense Contractor - 5 year lease - Feb 1, 2023 - January 31, 2028) German restaurant space (5 year lease - March 2023 - March 2028). This restaurant space is 1800 SF with an additional 700 SF covered patio & Bier garden).

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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: 2023-11-29T18:04:22.417.
Vendor Member #28178.
www.somerscompany.com/homes/135268858
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Income Producing Commercial Duplex Niceville, FL 32578

  • Price: $2,250,000
  • Status: Active
  • On Site: 357 Days
  • Updated: 87 min ago
  • MLS #: 913034
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Niceville
County:
Okaloosa
Area:
Niceville
Property Description
Income producing commercial duplex (Office & Restaurant) available for purchase in Niceville (Bluewater Bay), FL. (4504 Highway 20, Niceville, FL) This building sits as an outparcel to a grocery anchored shopping center that has tremendous mixed use synergy. This building consists of a 5200 SF office as well as an 1800 SF restaurant space. Each space is fully leased with 5 year terms. (5200 SF space leased to a Defense Contractor - 5 year lease - Feb 1, 2023 - January 31, 2028) German restaurant space (5 year lease - March 2023 - March 2028). This restaurant space is 1800 SF with an additional 700 SF covered patio & Bier garden).
Property Features

Business Name ITA & Schnitzel Lodge New Construction YN No Property Condition Existing

Listing courtesy of Taylor Allen Properties Llc: 850-259-2894.


© 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: 2023-11-29T18:04:22.417.
Vendor Member #28178.
 
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Somers & Company
151 East County Highway 30A
Santa Rosa Beach FL, 32459