111 N Summit St Crescent City, FL 32112
For Sale
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This exceptional 7,502 square foot commercial building is ideally situated on US-17 in Crescent City, ensuring high visibility and significant daily traffic exposure. The property boasts a single-tenant occupancy, offering flexibility and control for the new owner. The building's versatile zoning (General Commercial) allows for a variety of uses, including retail, office, or restaurant operations. Key features include two garages and a convenient docking bay, enhancing operational efficiency. Recent upgrades significantly enhance the property's value and appeal; a new roof was installed in 2024, and a new air conditioning system was put in place in 2023. The building is currently entirely vacant, presenting a unique opportunity for immediate occupancy and customization to suit specific business needs. The substantial square footage provides ample space for a wide range of commercial ventures. This prime location, coupled with the recent renovations and versatile zoning, makes this property an exceptional investment opportunity in a high-traffic area. The absence of elevators should be considered when evaluating potential uses. Serious inquiries are encouraged to explore this promising commercial real estate offering.
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Crescent City Music (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.