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739 N Ferdon BoulevardCrestview, FL 32536

Okaloosa County

$1,695,000List price
1985Year built
1.03Acre lot
4 months agoOn market

Description

Located along one of Crestview's busiest commercial corridors, this 4,695 SF retail building offers exceptional visibility, strong traffic counts, and a rare combination of real estate value and business upside. Positioned on 1.03 acres with direct frontage on N Ferdon Blvd, the property benefits from a daily traffic count of 30,000 vehicles, ensuring continuous exposure and steady customer flow. Included in the sale is a 6COP liquor license, valued between $300,000-$500,000, providing significant built-in equity and operational flexibility. The business currently maintains $50,000-$60,000 in inventory on hand and generates approximately $40,000 per month in bar revenue, offering immediate income potential for an owner-operator or investor. The property is offered For Sale at $1,695,000, with owner financing available, creating an accessible entry point into one of Crestview's most active commercial corridors. With its strong traffic flow, valuable liquor license, established revenue stream, and prime location, this asset represents a compelling opportunity for buyers seeking both real estate stability and business performance in a high-growth Northwest Florida market.

Property Information

Property type
Commercial Sale
Year built
1985
Lot size
1.03 acres
Days on market
144
MLS® Listing#
1002526

Property Features

Parcel number
08-3N-23-0000-0025-0010

Directions

Head north on FL-283 or FL-395 → Take it all the way to US-331 N. Turn right onto US-331 N → Continue for about 12-15 miles until you reach DeFuniak Springs. Turn left onto US-90 W → Stay on US-90 W for about 14 miles toward Crestview. Turn right onto N Ferdon Blvd / FL-85 N → This is the main commercial corridor through Crestview. Continue north for about 1 mile property on the left

Listing Courtesy: NBI Properties Inc - 8502430007

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Connect with a Local Real Estate Expert

  • Emily Tidwell

    Sales Representative

    EXIT Realty Anchor South

  • Tiffany Marsh

    Sales Representative

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  • Chris Bouley

    Sales Representative

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  • Tammi Aid

    Sales Representative

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  • Susan Sharpe

    Broker of Record

    EXIT Realty Anchor South