226 Coleman StCrestview, FL 32536

Property Details for 226 Coleman St

Year built

1950

Construction

FRAME

Lot size

0.25 AC

Property size (Sq ft)

2,380 SF

Property type

Commercial real estate

APN

18-3N-23-0880-0000-0260

APU

183N23088000000260

Description

This exceptional commercial property, situated at 226 Coleman Street Unit 226 in Crestview, Florida, presents a unique investment opportunity. Spanning approximately 1900 square feet, the building boasts six distinct rooms, offering unparalleled flexibility for a variety of commercial uses. The layout allows for easy division and separate rental of individual spaces, maximizing rental income potential and providing a strong return on investment. The property sits on a 0.33-acre lot, providing ample space for potential expansion or outdoor use. Its strategic location near recently completed developments and convenient access to the new bypass ensures high visibility and easy accessibility for customers and employees. While requiring some cosmetic updates ("TLC"), this property's inherent versatility and prime location make it an ideal investment for savvy entrepreneurs seeking a high-return opportunity in a rapidly growing area. The asking price is $275,000. This represents a significant opportunity to acquire a well-positioned commercial property with substantial upside potential in a thriving market. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $368,949

  Hospitality

  $337,955

  Educational

  $281,175

  Medical

  $290,845

  Retail

  $437,383

Location Insight

City

Crestview

County

Okaloosa

State

Florida

Latitude

30.7646

Longitude

-86.58

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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