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    406 South Waukesha St, Unit Bonifay Bonifay, FL 32425

    For Sale
    $1,225,000

    5,288 SF commercial building in Bonifay, Florida.

    Property size:
    5,288 SF
    Lot size:
    0.41 Acres

    Property Features for 406 South Waukesha St

    General Information

    Size
    5,288 SF
    Lot size
    0.41 Acres

    Source: Bellcore Commercial LLC Agent Harry Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bonifay Commercial Building For Sale

    This commercial property in Bonifay, Florida, presents an investment opportunity. The offering includes a 5,288 square foot commercial building, originally constructed in 1976 as a bank, along with two adjacent parcels totaling nearly one acre. Zoned C, the property is suitable for various uses, including professional offices, medical practices, retail, banking, or mixed-use development. The site is positioned on South Waukesha Street, a main thoroughfare in Bonifay, offering visibility, accessibility, and local traffic flow. The location is near Memorial Field, the Holmes County Courthouse, and local dining and retail establishments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bonifay
    County
    Holmes
    State
    Florida
    Longitude
    -85.67939
    Latitude
    30.797173

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    FAQs

    What type of property is this?
    Office building - 5,288 SF commercial building in Bonifay, Florida.
    Where is this office building located?
    The property is located at 406 South Waukesha St, Unit Bonifay Bonifay, FL.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: - Prime commercial location on S Waukesha Street, offering excellent visibility and accessibility.; - Large 5,288 SF commercial building, originally built as a bank.; - Zoned C, allowing for a wide range of uses including professional offices, medical practices, retail, banking, or mixed-use development.
    (850) 240-0527
    Request Owner's contact information
    406 South Waukesha St, Unit Bonifay Bonifay, FL 32425
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    Bonifay, FL 32425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 South Waukesha St, Unit Bonifay Bonifay, FL 32425
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