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196 W Pine Ave
Crestview, FL 32536
Retail Property For Sale
EXECUTIVE SUMMARY
This recently renovated mixed-use property offers a unique investment opportunity in the heart of Crestview. The ground floor was previously operated as a coffee shop, making it ideal for retail, café, or boutique use. Above the retail space are two fully finished residential apartments, providing immediate rental income potential. Additionally, the second floor has the capacity to accommodate a third apartment, offering further upside for investors or owner-occupants seeking to maximize value.
The property’s updated condition, flexible layout, and income-generating potential make it a compelling option for both commercial and residential buyers. Its central location enhances visibility and accessibility, supporting a wide range of business and residential uses.
The property’s updated condition, flexible layout, and income-generating potential make it a compelling option for both commercial and residential buyers. Its central location enhances visibility and accessibility, supporting a wide range of business and residential uses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1936
Price
$1,163,472 CAD
Price Per SF
$232.69 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.88
Lot Size
0.06 AC
Frontage
50’ on Pine Ave
PROPERTY TAXES
| Parcel Number | 17-3N-23-2490-0050-00H0 | Improvements Assessment | $172,007 CAD |
| Land Assessment | $18,996 CAD | Total Assessment | $191,003 CAD |
PROPERTY TAXES
Parcel Number
17-3N-23-2490-0050-00H0
Land Assessment
$18,996 CAD
Improvements Assessment
$172,007 CAD
Total Assessment
$191,003 CAD
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