109 Calhoun Avenue, Destin, FL 32541

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109 Calhoun Avenue is located in Destin, FL.

DON'T MISS THIS PERFECT OPPORTUNITY TO OWN A BUSINESS ON THE BAY JUST A QUICK BOAT RIDE TO CRAB ISLAND AND THE DESTIN HARBOR AND LESS THAN A HALF A MILE FROM THE EMERALD GRAND. 4400 SQ FT RESTAURANT ON 2+/- ACRES OF BEAUTIFUL OLD OAK TREES AND MATURE MAGNOLIAS OVER LOOKING CRAB ISLAND AND CHOCTAWHATCHEE BAY. OWNER HAS OBTAINED DEVELOPMENT ORDER AND IS CURRENTLY INSTALLING UTILITIES, 75 PARKING SPACES AND STORM WATER RETENTION. WE ARE TOLD THAT THE EXISTING STRUCTURE SHOULD ACCOMMODATE 125-150 SEATS. TENANTS/CUSTOMERS WILL HAVE ACCESS TO THE WATERFRONT, BEACH AND DOCK MAKING THIS AN IDEAL RESTAURANT LOCATION FOR A VARIETY OF CUSTOMERS. LEASE RATE WILL BE 6% OF GROSS SALES NNN WITH A MINIMUM RENT OF $6000 PER MTH. THERE IS A PROPOSED 5500SQ FT OPEN AIR RESTAURANT/ BAR ALSO AVAILABLE FOR LEASE. TENANT TO VERIFY ALL DATA.