739 N Ferdon Boulevard
Crestview, FL 32536
$1,695,000
Active
Description
Located along one of Crestview's busiest commercial corridors, this 4,695 SF retail building offers exceptional visibility, strong traffic counts, and a rare combination of real estate value and business upside. Positioned on 1.03 acres with direct frontage on N Ferdon Blvd, the property benefits from a daily traffic count of 30,000 vehicles, ensuring continuous exposure and steady customer flow.
Included in the sale is a 6COP liquor license, valued between $300,000-$500,000, providing significant built-in equity and operational flexibility. The business currently maintains $50,000-$60,000 in inventory on hand and generates approximately $40,000 per month in bar revenue, offering immediate income potential for an owner-operator or investor.
Listing details MLS# 1002526
Location, Tax and Legal
- Area
- 25 - Crestview Area
- Sub area
- 2503 - Crestview Northwest
- County
- Okaloosa
- Parcel ID
- 08-3N-23-0000-0025-0010
- Legal description
- Beg Se Cor Of Nw1/4 Of Se1/4 W 543.84 Ft To W R/W L&N Nely Alg R/W 565 Ft To Pob W 298.3 Ft To E R/W Hwy Ne Alg Hy 189 Ft S 78 Deg E 281.26 Ft To L&N R/W Sw Alg R/W 126.96 Ft To Pob 1087-156
General Property Info
- Property type
- Commercial for Sale
- Acreage
- 1.03
- Lot size (sq ft)
- 44866.8
- New construction
- No
- Condition
- Existing
Remarks and Misc
- Directions
- Head north on FL-283 or FL-395 → Take it all the way to US-331 N. Turn right onto US-331 N → Continue for about 12-15 miles until you reach DeFuniak Springs. Turn left onto US-90 W → Stay on US-90 W for about 14 miles toward Crestview. Turn right onto N Ferdon Blvd / FL-85 N → This is the main commercial corridor through Crestview. Continue north for about 1 mile property on the left