Retail Building with Liquor
739 N Ferdon Boulevard Crestview, FL 32536
739 N Ferdon Boulevard, Crestview, FL, 32536
$1,695,000
For Sale
$1,695,000
Retail building on 1.03 acres with direct corridor frontage and a 6COP liquor license included in the sale.
Property Size4,695 SF
Lot Size1.03 Acres
Price / SF$361.02
Days on Market77
Property Features for 739 N Ferdon Boulevard
General Information
- Standard status
- Active
- Size
- 4,695 SF
- Lot size
- 1.03 Acres
- Property subtype
- Commercial
Listing agency
NBI PROPERTIES INC
(850) 243-0007
Listed by
DUSTIN PARKMAN · License #3307056
Source
Corcoran
Added: May 7 Updated: Jul 22 at 6:29AM Checked: Jul 22 at 6:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NBI PROPERTIES INC
Investment Insights
Based on property information with market context.
This 4,695 SF retail building sits on 1.03 acres and is offered with a 6COP liquor license included in the sale. The property is positioned to support an operating bar, with the business currently carrying approximately $50,000–$60,000 in inventory and generating about $40,000 per month in bar revenue, providing an owner-operator or investor with immediate income stream potential.
The site has direct frontage on N Ferdon Blvd along one of Crestview’s busiest commercial corridors, supported by a daily traffic count of 30,000 vehicles for consistent visibility and customer exposure.
For buyers looking for both real estate and operational flexibility, the included liquor license (reported value between $300,000 and $500,000) adds built-in equity. The property is offered for sale, with owner financing available.
The site has direct frontage on N Ferdon Blvd along one of Crestview’s busiest commercial corridors, supported by a daily traffic count of 30,000 vehicles for consistent visibility and customer exposure.
For buyers looking for both real estate and operational flexibility, the included liquor license (reported value between $300,000 and $500,000) adds built-in equity. The property is offered for sale, with owner financing available.
Key Highlights
- 4,695 SF retail building on 1.03 acres with direct frontage on N Ferdon Blvd in Crestview
- Daily traffic count of 30,000 vehicles for ongoing storefront exposure
- 6COP liquor license included in the sale (valued at $300,000–$500,000)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.1k | $37.08 |
| − Vacancy | −$5.2k | −$1.11 |
| EGI | $168.9k | $35.97 |
| − OpEx | −$42.2k | −$8.99 |
| NOI | $126.7k | $26.98 |
4,695 SF · lease $37.08/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.81M
$1.58M – $2.11M
NOI $126,651 @ 7.0% cap · market cap 7.47%
Second Best
Retail
$964.1K
$843.6K – $1.12M
NOI $67,488 @ 7.0% cap · market cap 3.98%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
LibertyX Bitcoin ATM
Atm
Cash's Ice House
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Cash's Ice House — 739 N Ferdon Blvd, Crestview, FL 32536
FAQs
What type of property is this?
Bar & Pub - Retail building on 1.03 acres with direct corridor frontage and a 6COP liquor license included in the sale.
Where is this bar & pub located?
The property is located at 739 N Ferdon Boulevard Crestview, FL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 4,695 SF retail building on 1.03 acres with direct frontage on N Ferdon Blvd in Crestview; Daily traffic count of 30,000 vehicles for ongoing storefront exposure; 6COP liquor license included in the sale (valued at $300,000–$500,000)
