1317 S Us Highway 331, DeFuniak Springs, FL

$1,399,000

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165,092

Square feet

3.79

Acres

Description

Incredible income-producing property on 3.79 acres with 160 front feet on Hwy 331S just 2/3 mile north of I-10. Currently leased to LaRumba's Restaurant. DeFuniak Springs is growing with the newest additions of Starbucks, Chick-fil-A, Bay Springs development and the upcoming development at the NW corner of I-10 and 331S. Building total SF is 6368sf with 5096sf heated & cooled. There are 2 large dining rooms, bar area, plus a huge almost 1100sf covered patio area for outside dining. There is a large kitchen and prep room; . Kitchen equipment does not convey. Tenant is in a month to month lease currently. Owner will consider financing with appx 20% down and negotiable terms. This is one of only two commercial properties available on Hwy 331S currently with monthly income.

Legal Description

See Deed

Features of 1317 S Us Highway 331

MLS® # 925870
Price $1,399,000
Square Footage 165,092
Acres 3.79
Type Commercial Sales
Status Active

Community Information

Address 1317 S Us Highway 331
Area North Walton County
Subdivision
City DeFuniak Springs
County WALTON
State FL
Zip Code 32435

Amenities

Is Waterfront No

Exterior

Lot Description 160x618x261x358x261

Additional Information

Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKim & Company

Price History for MLS #925870

Date Details Change
Price Reduced from $1,450,000 to $1,399,000 $51,000 (3.52%)

For more information call

(850) 325-0004

Listing Map

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