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Listed by Susan De Leon COLDWELL BANKER REALTY
$ 2,500,000
Est. payment | /mo
2.03 Acres Lot
$ 2,500,000
Est. payment | /mo
2.03 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 989874
Lot Size 2.030 Acres
Acres 2.03
Lot Dimensions 369x257x330x256
Source Emerald Coast Association of REALTORS®
Property Description
PRIME HWY 87 COMMERCIAL OPPORTUNITY | OWNER-USER / INVESTMENT / REDEVELOPMENT
ONE PROPERTY. MULTIPLE POSSIBILITIES! Exceptional opportunity to establish, expand or reposition a business along Navarre's highly traveled Hwy 87 commercial corridor. This 2025-built, 6,140± SF freestanding commercial building sits on 2.03± acres with 369± feet of highway frontage, approximately 79 parking spaces and exposure to 23,500 vehicles daily. MULTIPLE COMMERCIAL USE OPPORTUNITIES: The building and expansive paved site offer flexibility for a variety of potential uses, including medical/dental/veterinary facilities, automotive dealership or showroom, professional offices, specialty retail, fitness/wellness, financial services, restaurant/franchise, entertainment or multi-tenant conversion. HCD (Highway Commercial District) zoning provides opportunities for commercial uses, subject to applicable approvals. EXISTING RESTAURANT INFRASTRUCTURE: Originally designed as a restaurant, the building includes a commercial kitchen, walk-in coolers/freezer, dining areas, bar, restrooms and enclosed patio. These existing improvements may offer advantages for restaurant reuse or provide a foundation for adaptive redevelopment. ADDITIONAL OUTPARCEL DEVELOPMENT OPPORTUNITY: The property includes an additional development area, approximately 80' x 80' (buyer to verify). A conceptual site plan illustrates the potential for a 3,300± SF freestanding building, creating opportunities for an additional business, complementary commercial use or potential rental income, subject to site feasibility and governmental approvals. STRATEGIC NAVARRE LOCATION: Situated approximately 1.5 miles north of Hwy 98, with convenient access to Navarre Beach, Hurlburt Field, Eglin AFB and the growing Pensacola-Fort Walton Beach/Destin corridor. The combination of highway visibility, residential growth, military employment and tourism supports a wide range of potential business opportunities. OWNER-USER " INVESTMENT " ADAPTIVE REUSE " REDEVELOPMENT Whether establishing a medical practice, expanding an automotive business, opening a retail or professional office location, launching a franchise or exploring additional development potential, this property offers the location, infrastructure and flexibility to bring a new commercial vision to Navarre. Explore the possibilities! Schedule a private tour and request the full property information package, including floor plan, survey, conceptual renderings and outparcel development concept.
All potential uses, outparcel dimensions, development concepts and improvements are subject to buyer verification, applicable zoning, permitting and governmental approvals.
ONE PROPERTY. MULTIPLE POSSIBILITIES! Exceptional opportunity to establish, expand or reposition a business along Navarre's highly traveled Hwy 87 commercial corridor. This 2025-built, 6,140± SF freestanding commercial building sits on 2.03± acres with 369± feet of highway frontage, approximately 79 parking spaces and exposure to 23,500 vehicles daily. MULTIPLE COMMERCIAL USE OPPORTUNITIES: The building and expansive paved site offer flexibility for a variety of potential uses, including medical/dental/veterinary facilities, automotive dealership or showroom, professional offices, specialty retail, fitness/wellness, financial services, restaurant/franchise, entertainment or multi-tenant conversion. HCD (Highway Commercial District) zoning provides opportunities for commercial uses, subject to applicable approvals. EXISTING RESTAURANT INFRASTRUCTURE: Originally designed as a restaurant, the building includes a commercial kitchen, walk-in coolers/freezer, dining areas, bar, restrooms and enclosed patio. These existing improvements may offer advantages for restaurant reuse or provide a foundation for adaptive redevelopment. ADDITIONAL OUTPARCEL DEVELOPMENT OPPORTUNITY: The property includes an additional development area, approximately 80' x 80' (buyer to verify). A conceptual site plan illustrates the potential for a 3,300± SF freestanding building, creating opportunities for an additional business, complementary commercial use or potential rental income, subject to site feasibility and governmental approvals. STRATEGIC NAVARRE LOCATION: Situated approximately 1.5 miles north of Hwy 98, with convenient access to Navarre Beach, Hurlburt Field, Eglin AFB and the growing Pensacola-Fort Walton Beach/Destin corridor. The combination of highway visibility, residential growth, military employment and tourism supports a wide range of potential business opportunities. OWNER-USER " INVESTMENT " ADAPTIVE REUSE " REDEVELOPMENT Whether establishing a medical practice, expanding an automotive business, opening a retail or professional office location, launching a franchise or exploring additional development potential, this property offers the location, infrastructure and flexibility to bring a new commercial vision to Navarre. Explore the possibilities! Schedule a private tour and request the full property information package, including floor plan, survey, conceptual renderings and outparcel development concept.
All potential uses, outparcel dimensions, development concepts and improvements are subject to buyer verification, applicable zoning, permitting and governmental approvals.
Location
State FL
County Santa Rosa
Area 11 - Navarre/Gulf Breeze
Zoning HCD
Direction Travel North from on Hwy 98 onto Hwy 87. Property will be on the right.
Exterior
Garage No
Building
New Construction No
Others
Tax ID 17-2S-26-0000-00173-0000
Nearby Locations
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