873 Us Hwy 331, Defuniak Springs, FL 32435

$485,000
  • 873 Us Hwy 331, Defuniak Springs, FL 32435 Main Photo

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Active
MLS#991281
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Reduced! Bring offers! Outstanding opportunity to acquire a well-located, income-producing commercial property on South U.S. Highway 331 in DeFuniak Springs. This solid metal/brick building, constructed in 1991 and thoughtfully upgraded within the last year, offers both immediate cash flow and long-term potential.Situated on a 0.29-acre lot (just under one-third of an acre), the property features approximately 1,300 square feet of heated and cooled space. Recent improvements include all new interior upgrades, providing a refreshed, professional space with minimized near-term capital needs.The property is currently leased to a well-established accounting firm, providing consistent rental income. The tenant has been in place for many years, currently paying $2,000 per month. The existing lease runs through April 30, 2026, offering stable income with the flexibility to renegotiate or reposition the asset upon lease expiration.The property is ideal for investors seeking a solid income-producing asset in a high-traffic location, or for buyers considering future owner-occupancy once the current lease term concludes. With durable construction, recent improvements, and strong visibility on a key commercial corridor, this offering delivers both quality and value.=?? Property Features & Highlights873 S. US Highway 331, DeFuniak Springs, FLApprox. 1,300 SF heated & cooled0.29-acre lotSolid block constructionNew roof & interior upgrades (within last year)Long-term tenant in place$2,000/month current rentLease expires April 30, 2026Excellent cash-flow opportunity with future flexibility

873 Us Hwy 331 | MLS# 991281

This commercial property located at 873 Us Hwy 331, Defuniak Springs, FL 32435 is currently listed for sale with an asking price of $485,000. Search Defuniak Springs real estate on www.premierfl.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.37 Acres

Feature Descriptions

Days on Site: 173
Lot Dimensions: 80x200
Parcel Number: 25-3N-19-19330-000-0061
Property Condition: Existing

Listed By / Shown By

Listed By

Agency Name: Brannon Real Estate Services

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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