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53-59 Beal Pky SE
Fort Walton Beach, FL 32548
Retail Property For Sale
Investment Highlights
- Dual frontage: 74' on Beal Pkwy / 60' rear access on Shell Ave
- Current use: bar & grill / event space; adaptable to multiple uses
- Zoned CG – City of Fort Walton Beach
- Through-lot access – drive-thru potential
- Near Downtown FWB growth corridor, new multi-family development, and Brooks Bridge project
- 14,400 VPD traffic count
Executive Summary
Now available for sale, 53 Beal Pkwy presents an owner-user or investment opportunity in the heart of Fort Walton Beach. Situated on approximately 0.31 acres and zoned General Commercial (CG) within the City of Fort Walton Beach, this ±3,488 SF building offers exceptional visibility with approximately 75 ft. of frontage along Beal Pkwy, plus 60 ft. of rear access along Shell Avenue, creating convenient pass-through circulation and potential drive-thru functionality. Additional highlights include a 14,400 daily traffic count, ample on-site parking, and positioning within Fort Walton Beach's CRA District, along with close proximity to Downtown FWB, where significant public and private investment is currently underway, including a new multi-family development at 1st Street and Lowery Place and the Brooks Bridge replacement project. Currently operating as a bar and grill with event space, the property is well-suited for a wide range of retail, restaurant, office, medical, or service-oriented uses, an ideal fit for owner-users, investors, or developers looking to capitalize on this rapidly evolving market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,488 SF
Building Class
C
Year Built/Renovated
1958/1968
Price
$620,523 CAD
Price Per SF
$177.90 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.14 AC
Zoning
CG - General Commercial
Parking
5 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 13-2S-24-0000-0032-0000 | Improvements Assessment | $170,215 CAD |
| Land Assessment | $194,511 CAD | Total Assessment | $364,725 CAD |
Property Taxes
Parcel Number
13-2S-24-0000-0032-0000
Land Assessment
$194,511 CAD
Improvements Assessment
$170,215 CAD
Total Assessment
$364,725 CAD
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