Renovated Professional Office
For Lease
$23 SF/Yr
4504 Merchant's Way, Niceville, FL 32578
Commercial for Lease, Niceville, FL
Space Size5,200 SF
Lot Size0.55 Acres
Days on Market263
Property Features for 4504 Merchant's Way
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
c1
Directions
Located on FL-20. Located 1.5 miles from FL-293 N.
Subdivision
13 - Niceville
Standard status
Active
APN
23-1S-22-0000-0001-004C
Size
6,988 SF
Lot size
0.55 Acres
Building Details
Year built
1999
Listing Agency:
Taylor Allen Properties LLC
(850) 259-2894
Listed By:
Chad Knaepple · License #3050854
(850) 687-4075
Added: Feb 6
Changed: Sep 30
Last Checked: Oct 27 at 5:06PM
MLS# 994679
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Renovated professional office space within the Merchants Walk office setting at Bluewater Bay. The layout combines open workspace with five private offices, four large work areas, a reception area, and a conference room. Additional improvements include three restrooms, a kitchen and break room, and a dedicated server room.
The property is located at 4504 Merchant's Way in Niceville, within Okaloosa County. The site encompasses 0.55 acres and is zoned C1. Built in 1999, the building offers a professional office environment with plenty of parking and visibility from its setting within Merchants Walk.
The property is located at 4504 Merchant's Way in Niceville, within Okaloosa County. The site encompasses 0.55 acres and is zoned C1. Built in 1999, the building offers a professional office environment with plenty of parking and visibility from its setting within Merchants Walk.
Key Highlights
- Renovated professional office space in Merchants Walk at Bluewater Bay
- Five private offices plus four large open work areas
- Large conference room, reception area, and server room
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
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Business Placement
Demographics for 32578, FL
35,075
Population
14,578
Households
2.4
Avg Household Size
42
Median Age
45%
College-Educated
97%
High-School Grad
23.2 sq mi
ZIP Area
1,512
Density / Sq Mi
$105,858
Median Household Income
$52,028
Median Earnings
$1,744
Median Rent
$414,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Open-plan office environment with private offices, conference facilities, work areas, and on-site parking.
Where is this office unit located?
The property is located at 4504 Merchant's Way Niceville, FL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Renovated professional office space in Merchants Walk at Bluewater Bay; Five private offices plus four large open work areas; Large conference room, reception area, and server room
