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listing
1 of 45
CommercialFor Sale
$2,800,000
9539 Us Highway 98
Destin, FL 32550
Listing Office: Coastal Heritage Real Estate LLC
MLS: Central Panhandle Association of Realtors
7,680Sq Ft
Est. Mortgage
$14,553/mo

Perfect opportunity to own a commercial building on Hwy 98 in Destin from a motivated seller! Currently rented and making money. The building is currently occupied by Alvin's Island. Beautiful frontage from Highway 98, with large signage! A little under 7,300 sqft of leasable space. 2 Stories! Beautiful Flooring throughout! This commercial opportunity offers the ability for new owners to a 90 option to have the tenant leave the premise, or they can continue the current lease with Alvin's. This property was just inspected a few years back and everything that was incorrect was fixed! Its ready for its new owners. The current cap rate at list price is 6.7%. With acceptable offer, owner will replace roof. Please do not disturb tenant. All measurements are approx. and should be verified.

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Information courtesy of Coastal Heritage Real Estate LLC is subject to verification and is not guaranteed.
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