Retail Building with Liquor
For Sale
$1,695,000
739 N Ferdon Boulevard, Crestview, FL 32536
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 Market167
Property Features for 739 N Ferdon Boulevard
General Information
Standard status
Active
Size
4,695 SF
Class
Income Producing, Retail
Lot size
1.03 Acres
Site & Location
Traffic Count
30,000 vehicles/day
Road Access
Yes
Additional Details
Business Included
Yes
Liquor License
Yes
Listed By:
Brian and Mel Marshall
(850) 852-7653
Source:
Stagerightgroup.idxbroker
Added: May 8
Changed: Oct 1
Last Checked: Oct 20 at 5:13PM
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 Brian and Mel Marshall
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,651
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,533,020
$2.5M
Cap Rate 7%
$1,809,300
$1.8M
Cap Rate 9%
$1,407,233
$1.4M
Market Conditions
NOI Build-Up for 4,695 SF
Gross rent
$174.1K $37.08/SF
− Vacancy
−$5.2K −$1.11/SF
EGI
$168.9K $35.97/SF
− OpEx
−$42.2K −$8.99/SF
NOI
$126.7K $26.98/SF
Area
Okaloosa County, FL
Vacancy
3.00%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,533,020
Cap Rate 7%
$1,809,300
Cap Rate 9%
$1,407,233
Alternative Uses
Best Use
Specialty Retail
$1.81M
$1.58M – $2.11M
NOI $126,651 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Home Improvements & Furnishings 12%
Apparel 7%
Dining 4%
CEFCO
Shops & Services
27,708 visits/mo
0.2 miles
Dollar Tree
Shops & Services
19,396 visits/mo
0.3 miles
Consolidated Ace Hdwe & Sply Inc
Home Improvements & Furnishings
9,755 visits/mo
0.2 miles
Tom Thumb Food Stores
Shops & Services
6,991 visits/mo
0.2 miles
Goodwill
Apparel
5,803 visits/mo
0.1 miles
Demographics for 32536, FL
25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Cash's Ice House — 739 N Ferdon Blvd, Crestview, FL 32536
Frequently Asked Questions
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)
