For Sale
$1,800,000

106 Racetrack RdFort Walton Beach, FL 32547

Executive Office, 7,963 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,963-square-foot commercial building presents a unique investment opportunity in Fort Walton Beach, Florida. Situated on a 1.63-acre lot at 106 Racetrack Rd NE, 32547, this single-story, 2003-built structure boasts a spacious, open-concept interior ideal for customization. Currently vacant, the property offers significant potential for a variety of uses, thanks to its C-3 zoning. The building features high ceilings and ample restroom and storage space. A key advantage is the extensive paved parking area, providing nearly 100 spaces for employees and clients. The property enjoys high visibility with over 250 feet of frontage on Racetrack Road, a major thoroughfare with an average daily traffic count exceeding 27,000 vehicles. This prime location in Okaloosa County offers easy access to local amenities and a strong regional economy. The asking price is $1,800,000, translating to $226.05 per square foot. This presents a blank canvas for a discerning investor or business owner seeking a prominent presence in a thriving market. The property's size and location make it suitable for a wide range of commercial ventures. Don't miss this chance to acquire a substantial commercial property in a high-traffic area.

Highlights

  • 7,963 SF commercial building on a 1.63-acre lot in Fort Walton Beach, FL.
  • Single-story building constructed in 2003, currently vacant.
  • C-3 zoning allows for diverse commercial uses.
  • Features high ceilings, ample restrooms & storage, and nearly 100 paved parking spaces.
  • High visibility with over 250' of frontage on Racetrack Rd (ADT >27,000).
  • Asking price: $1,800,000 ($226.05/SF).

Property Details for 106 Racetrack Rd

Property type
Retail properties, Office properties
Square Feet
7,963 SF
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
71,003 SF

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.4479518
Longitude
-86.6098444
106 Racetrack Rd, Fort Walton Beach, Florida

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106 Racetrack Rd
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