2502 Hwy 87 S, Navarre, FL 32566 (MLS# 989874)

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Property Description
Rare 2.03± acre commercial property directly on Highway 87, one of Navarre's busiest traffic corridors with 23,500± Annual Average Daily Traffic. This offering combines an existing 6,140± SF building with a separate 80'x80' out parcel, giving an investor or owner-user multiple paths to unlock value on a single site. Opportunities: TURNKEY RESTAURANT reuse - The existing building includes restaurant infrastructure, offering a shortened buildout timeline for a new concept, franchise relaunch, or full rebrand. OFFICE OR MEDICAL CONVERSION - The building & site are well suited to redevelopment into an office building or medical/dental facility, adding significant value and versatility to the property. HCD zoning supports a broad range of commercial and professional uses, subject to permitting. RETAIL, SHOWROOM, OR SPECIALTY USE - 369± feet of direct Hwy 87 frontage delivers exceptional visibility for a showroom, car dealership, or specialty retail concept looking to capture daily drive-by traffic. SECOND INCOME STREAM VIA THE OUT PARCEL - The included 80'x80' out parcel stands apart from the main building, creating excellent potential for a drive-thru, second building, or standalone tenant -- additional income without adding acreage. OWNER-USER OR INVESTMENT FLEXIBILITY - Whether the goal is occupying the building outright, leasing to a single user, or developing the out parcel as a second revenue source, the site's size, zoning, and location support several strategies at once..

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