114-116 Benning Dr - Storefront FOR SALE


Destin, FL 32541
$1,795,000 USD
850-255-4008
114-116 Benning Dr, Destin, FL for Sale
$1,795,000 USD
Storefront - FOR SALE
1/17
null | 6% Cap Rate

114-116 Benning Dr
Destin, FL 32541


HIGHLIGHTS

  • Heavy day to day traffic
  • .48 acre lot
  • 2 buildings- Concrete block build

OVERVIEW

Prime investment opportunity in downtown Destin, Florida. 2 Commercial concrete block buildings for sale Totaling 6,176 sqft heated/cooled. Over 30 parking spots and 2 ada. Sits right under 1/2 acre on a heavy traffic corner lot. This is a mixed use property. 116 Benning Dr. has a tenant until may 2028. 114 Benning Dr has 3 tenants all leases end January 2026. There is also 2 bed 1 bath apartment being rented which is located at the 114 Benning Dr building unit C. Please DO NOT DISTURB THE TENANTS

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$291 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

Mixed use

APN/PARCEL ID

00-2S-22-0310-000H-H082

ASK ABOUT THIS PROPERTY

Neil BarlowBarnoli LLcMore Info
850-255-4008

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Neil BarlowBarnoli LLcMore Info
850-255-4008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.