Property Type:
Commercial for Sale
Lot Size (sq. ft.):
34,848
Status:
Active
Current Price:
$400,000
List Date:
1/27/2026
Last Modified:
1/27/2026
Description
Opportunity to acquire a ±0.80-acre multi-use parcel located within the City of Niceville Community Redevelopment Agency (CRA) district, offering strong redevelopment and investment potential. The property includes an existing duplex that needs renovation, providing a true value-add opportunity, and features a new metal roof, offering a solid starting point for improvements.
With Multi-Use zoning, the existing structure may be suitable for conversion to office or professional space, subject to city approvals. A significant portion of the parcel remains vacant, allowing flexibility for additional commercial development, mixed-use concepts, or expanded multi-family, making this an ideal site for investors or owner-users looking to reposition the property.
Located in an established are
Supplements: of Niceville with nearby residential and commercial activity, this property presents a rare chance to invest in a growing redevelopment corridor. Adjacent parcels are also available, allowing for potential land assembly. Buyer to verify zoning, density, and permitted uses with the City of Niceville.
Listing Office: Real Broker LLC
Last Updated: January - 27 - 2026
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