15948 Us-331 BusFreeport, FL 32439

Property Details for 15948 Us-331 Bus

Year built

1940

Lot size

1.43 AC

Property size (Sq ft)

10,490 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This Freeport, FL retail center presents a compelling investment opportunity. The 10,490 square foot property, situated on a 1.43-acre lot, boasts a prime location on US-331 BUS with 230 feet of frontage and high daily traffic counts (12,500 on US-331 BUS and 21,000 on SR 20). Currently 100% occupied by two tenants with month-to-month leases, generating immediate income streams. The building, constructed in 1940 and renovated in 1970, features a versatile layout including a back warehouse area with two roll-up doors (one 8x8 ft and one 8x10 ft), ideal for loading and unloading. The property is zoned C-1 General Commercial, allowing for a variety of uses including retail, restaurants, and service providers. The asking price is $2,250,000 ($214.49/sq ft). Seller financing is available, and leasing options may be considered. This property offers significant potential for growth and expansion within a rapidly developing community. The total building area is 14,051 square feet, with ample parking (13 spaces with room for more). The property is owned in fee simple.

Location Insight

City

Freeport

County

Walton

State

Florida

Latitude

30.5005

Longitude

-86.1363

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