Commercial Sales - Office
MLS #: 488332m OfficeFile#: ListPrice: $1,190,000
Status: Active Last Change: Property Type:
PropName: CHIROPRACTIC & ATTORNEY BUILDING Price/Sq Ft:
Location: 102 & 104 MAIN STREET Price/Unit:
CRESTVIEW, FL Price/Acre:
ZipCode: 32536 Building Sq Ft: 5715
County: OKALOOSA Frontage:
MainArea: 25 Crestview Area WF Feet:
SubArea: 03 CRESTVIEW NORTHWEST YearBuilt: 1925
ParcelID: 17-3N-23-2490-0008-048F Const Status: Existing
Directions: Downtown Crestview corner of N. Main Street and Industrial.
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Truly priced to sell, this is a one-of-a-kind building great for investing in the rapidly growing Crestview area. With a perfect location in downtown Crestview's revitalized "Florida Main Street" state-designated historic district, this two-story circa 1925 landmark was built as a hotel with eleven rooms on the second floor which were converted into office space. It is situated thirty miles from the beaches of the Gulf of Mexico, near Fort Walton Beach, Destin, Pensacola & Navarre on the I-10 corridor in the fastest growing city of its size in the entire state; also near aerospace hub of Eglin Air Force Base with rapid growth due to BRAC realignment. The first floor has two separate storefronts, one of which is currently a doctor's office and will relocate or continue with a lease. This storefront features terrazo flooring. The entire second floor has clear-coated tongue-and-groove heart of pine walls and ten-foot ceilings with exposed "Chicago Brick" on the outer facing walls. The second floor also includes a full kitchen, tiled floors, a gas range, crown molding and trim on all 17 second-story windows and solid wood custom cabinets as well as hand-built custom carpentry with cypress, cedar, and pine throughout. Each room has a ceiling fan. The second-floor bath features a custom-built tiled shower. There is a 420 square foot deck off the second floor as well. The exterior is all brick with new hurricane-insulated windows and 2 new insulated and tinted storefront windows. These are the all new 2000-2005 mechanicals: new A/C and heat pumps, electrical wiring, plubming, CAT5 data/telephone lines and amplified digital cable to current code in every room. This property need to be seen to be truly appreciated. It is ideal for office space or a restaurant/bar. A unique piece of property you don't want to miss. Owner may finance for qualified buyer.
Press release came across my mailbox today.
Who do you turn to for economic security along the Emerald Coast when the bottom drops from the real estate market?
The military.
A study released by Enterprise Florida concluded that military spending remains one of the state's leading growth industries.
DOCUMENTS:
Read the entire Florida Defense Factbook
Read the economic impact analysis: Volume 1 , Volume 2 and Volume 3
It's particularly valuable to Northwest Florida, where defense-related spending accounts for 35 percent of gross regional product.
According to the "Florida Defense Industry Economic Impact Analysis" completed by the University of West Florida's Haas Center for Business Research and Economic Development, between Oct. 1, 2004, and Sept. 30, 2005, in Okaloosa County:
l Eglin Air Force Base and Hurlburt Field generated $2.2 billion in defense spending.
l Countywide, the economic impact of the military was $6.6 billion.
l The average annual earnings per military job is approximately $81,300, or 199 percent more than the area's other jobs in industries such as farming, retail and construction.
The air bases are "incredibly important for all the obvious reasons," said Jim Breitenfeld of the Okaloosa County Economic Development Council. "The high wages. The total spending."
Though the report attributes 73 percent of economic activity in Okaloosa to defense-related spending, Breitenfeld said he wasn't alarmed because the bases are stable employers.
"I don't know if we're dependent (on the military), but it would be a heck of a withdrawal if it disappears tomorrow," he said.
Breitenfeld would like to see Northwest Florida diversify economically in areas where it has competitive advantage such as aviation and high-technology information processing.
In Santa Rosa County, Naval Air Station Whiting Field contributed some $857 million to the economy. Its average annual military wage in fiscal year 2005 was $99,800.
Overall, the military presence in Florida promises only to grow, the Haas report continued. By 2010, military spending statewide might have an impact of $59.5 billion, which would be $7.5 billion more than in 2005.
"While Florida's economy has faced challenges during the past few quarters, particularly in areas hardest hit by the real estate slowdown, high-wage, defense-related jobs are somewhat immune to downturns in the business cycle," said Enterprise Florida president John Adams in a news release.
"They provide strength in Florida's economy even in difficult times."
Daily News Staff Writer Mladen Rudman
FORT WALTON BEACH - Although its corporate office still will not confirm it, Kohl's is coming.
The Okaloosa County Commission unanimously approved site plans for a new Kohl's department store to be located near the intersection of Beal Parkway and Hurlburt Road in Fort Walton Beach.
With Tuesday's approval, construction is expected to start early next month, said John Kramp, site development manager for Kohl's. He said they hope to have the store open by the end of the year.
"It's going to be a fairly long road (before the store opens)," Kramp said. "The timetable is up in the air."
The first phase will be the demolition of the Bay Furniture building.
The new 103,990-square-foot department store will replace the old Bay Furniture next to Winn-Dixie.
The only question commissioners had about the project before its approval was about its storm-water retention. Storm-water guidelines are stricter now than when the furniture store was built, and Kohl's will have to upgrade the retention ponds.
The Daily News contacted Kohl's corporate office Tuesday afternoon for additional information on the new store. Despite its impending approval, Kohl's would not confirm the store.
"At this time, we've not announced any plans to open a new store in the Fort Walton Beach community," Kohl's spokeswoman Courtney K. Rogaczewski responded in an e-mail. "Kohl's has an ongoing real estate assessment process. At any given time, Kohl's is reviewing sites in communities nationwide. We do not comment on real estate speculation. When we have firm details, we are happy to share it at that time."
That is the same response Rogaczewski sent to the Daily News last month.
Article by
Dusty Ricketts
I was really happy to see this I would always find myself going to the Kohls in Ohio for this and that and its about time we got one of these.
Mossy Head is a peaceful, sleepy community
Also in the future of Mossy Head is the
Blackstone Development, a 1,300 acre major
project that will provide a balanced mix of residences,
shops, services, civic building and recreational
facilities. There will be approximately
3,300 dwellings (2,200 single-family and 1,100
multi-family units), 140,00 square feet of retail
and service, 37,500 square feet of office space,
day care and an 18 hole golf course. Phase I may
begin as early as 2006 with an anticipated buildout
date of 2015-2020.
The size of these developments will call for
infrastructure needs, most importantly water and
sewer. Tom Terrell, President of Mossy Head
Waterworks, is working closely with the Walton
County Board of Commissioners to explore
options to provide the necessary services. District
3 Commissioner Larry Jones, who represents the
area, agrees that there is going to be a pressing
need in the not-so distant future. Details, costs
and a timeframe are still being looked at, but
Jones wants the county to move quickly so that
sewer service is available at the industrial park by
the time the new school opens.
The Mossy Head Elementary School, to be
located on a 20 acre site was donated from the
Board of County Commissioners to the School
Board, is anticipated to be open for the 2008
school year. The School Board is actively looking
for locations to build a Junior and High School.
Commissioner Larry Jones has worked hard
to obtain a grant for a community park and the
efforts paid off when Walton County was awarded
a grant in the amount of $200,000 from DEP
through the Florida Recreation Development
Assistance Program (FRDAP). The park site is
located at 13170 US Highway 90, just behind the
Mossy Head EMS Station. Walton received a
waiver of any matching requirements through the
REDI (Rural Economic Development Initiative).
The park will have a pavilion, playground with
splash pad, swing sets, an exercise trail, picnic
facilities, benches, restrooms, fencing, and parking
area.
Welcome to the future Mossy Head!
Mossy Head is a peaceful, sleepy community nestled on high ground in Northwest Walton County. What makes this area so attractive for economic development? Several factors are involved, including but not limited to:
easy Interstate 10 access, railroad facilities, proximity to Eglin Air Force Base, reasonable housing costs, Walton County Industrial Park, Blackstone Development of Regional Impact (DRI), newschool and $200,000 grant for a community park .The area knows it is about to experience a tremendous growth spurt and long-time pillars ofthe community want to make sure that proper planning procedures are in place to ensure 'smartgrowth' so they can maintain the rural county atmosphere while at the same time becoming an economic force in the county.
The Walton County Industrial Park, which encompasses approximately 333 acres, has been in the planning stages for many years. A master plan for the project was submitted on behalf of the Walton County Board of Commissioners to the Planning and Development Services Department in July 2006. The plan calls for 40%manufacturing, 40% warehouse and 20% of office space. Creating a master plan will encourage businesses to move into the park because it will facilitate obtaining a development order, which in turn means being able to start-up more quickly and begin the process of hiring new employees. The park is also part of an enterprise zone which provides incentives for businesses to locate there.