660 Baldwin Avenue, DeFuniak Springs, FL 32435

$798,500
Property Type: Commercial for Sale Lot Size (sq. ft.): 5,663 Status: Sold
Current Price: $798,500 List Date: 10/12/2024 Last Modified: 1/16/2025

Description

Own a piece of DeFuniak Springs history! Located on charming Baldwin Avenue, Bogey's Restaurant has long been a local favorite, and now this prime downtown property is available for purchase. Whether you're a real estate investor, restaurateur, or entrepreneur, this unique opportunity offers multiple options to make it your own. NOTE: Bogey's will proudly continue serving the community and its loyal patrons through the end of 2024. Located in the vibrant downtown district of DeFuniak Springs, the two-story building enjoys high foot traffic, ample parking and easy accessibility, making it a prime spot for any commercial venture. Option 1 - Real Estate Only: Acquire the real estate and benefit from this prime location in the heart of downtown. With 6,367 total SF and 5,493 SF heated and

Supplements: cooled space, the property boasts high visibility on the corner of Baldwin & 6th Street with parking all around. This rare downtown standalone building underwent a complete renovation in 2015, including all new plumbing, electrical, fire sprinkler system, handicap lift/elevator, newer HVAC units and a new metal roof in 2017. The property's character and charm are complemented by its recent upgrades and compliance with building codes, including ADA. Let's get creative, shall we? Additional income opportunities abound should you choose to utilize the downstairs for your business and lease out the upstairs; transform the upper floor into multiple offices, one large rental space, or even convert a portion into one or two residences. The possibilities are only limited by your imagination! This type of creativity can create lasting passive income to offset a mortgage. Option 2: Real Estate + FF&E (Fixtures, Furniture and Equipment) Looking to launch your own restaurant concept? This option includes all the fixtures, furniture, and equipment necessary to operate, providing a turnkey solution for a restaurateur ready to hit the ground running. With a fully equipped kitchen and multiple bars and dining areas, this is an excellent opportunity to start fresh while saving the cost of setup. Option 3: The Whole Enchilada! Step into a thriving, well-established business! This option includes everything: the real estate, FF&E, Bogey's name, recipes, and the considerable customer database and social media accounts. Continue the legacy or make it your own with a few personal touches. With its strong following and reputation for quality, this is a rare chance to take over a successful restaurant brand in a growing community. The business is already primed for success, with every detail ready for seamless continuity. Property Features & Layout Downstairs Features: ~ Fully equipped kitchen ~ Dining room with seating for 150 guests ~ Full bar for drink service ~ ADA-compliant bathroom ~ Staff bathroom ~ Handicap lift/elevator for accessibility to second floor Upstairs Features: ~ A second bar and dining room with seating for 35+ guests ~ A large meeting room that accommodates 50+ guests, ideal for events, banquets, or conferences ~ 2 ADA-compliant bathrooms ~ The piece de résistance: an upper-level dining deck that offers stunning views of Lake DeFuniak, a serene backdrop for unforgettable dining experiences. Don't miss this unique chance to own a piece of DeFuniak Springs downtown charm. Please respect the staff and owners by not contacting them directly with questions or showing requests. Contact your favorite agent today for more details about the different purchase options and to schedule a private tour!

More Information MLS# 960985

None

Current Price: $798,500

Status Change Info

Status: Sold Under Contract Date: 2024-10-14 Sold Date: 2025-01-15 Sold Price: $798,500

Contract Info

GCCMLS Number: 30877989 List Date: 2024-10-11 List Price: $798,500 Listing Board: Emerald Coast

Location Tax and Legal

Area: 23 - North Walton County Street #: 660 Street Name: Baldwin Street Suffix: Avenue State: FL Zip Code: 32435 County: Walton Parcel ID: 25-3N-19-19070-000-8980

General Property Info

Listed on GCCMLS: Yes Description: Iconic Bogeys Restaurant Vacant: No Immediate Occupancy: No Acreage: 0.13 Lot Frontage: 40 Lot Depth: 140 Zoning: C-1 COMMERCIAL Future Land Use: COMMERCIAL

Other

# of Units: 1

Retail

Year Built: 1900 Building SqFt: 5493 # of Units: 1 Property Type: Freestanding

Property Features

Class: Retail; Other Construction Status: Existing; N/A

Documents

Listing Office: Kim & Company
Last Updated: January - 16 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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