2502 Highway 87 - Specialty FOR SALE


Navarre, FL 32566
$4,200,000 USD
850-449-0647
2502 Highway 87, Navarre, FL for Sale
$4,200,000 USD
Specialty - FOR SALE
1/25
null | Request Cap Rate

2502 Highway 87
Navarre, FL 32566


HIGHLIGHTS

  • Located directly on Hwy 87, one of the area's busiest traffic corridor with 23,500 Annual Average Daily Traffic!
  • The property also includes a 3,300± SF outparcel, offering excellent potential for additional income.

OVERVIEW

Exceptional opportunity to acquire a fully operational 6,100± SF restaurant with land, building, and business included. Located in high-growth Navarre, Florida (Santa Rosa County), this established operation currently features a pizza restaurant, ice cream shop, full bar, and arcade room, but offers flexibility to be rebranded or converted to another restaurant concept of the buyer's choice. The property also includes a 3,300± SF outparcel, offering excellent potential for additional income. This site is ideal for developing an office or medical building, adding significant value and versatility to the overall property. Located directly on Hwy 87, one of the area's busiest traffic corridor with 23,500 Annual Average Daily Traffic!

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$684 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

HCD

APN/PARCEL ID

17-2S-26-0000-00173-0000

ASK ABOUT THIS PROPERTY

Susan De LeonColdwell Banker Residential BrokerageMore Info
850-449-0647

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Susan De LeonColdwell Banker Residential BrokerageMore Info
850-449-0647

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