Restaurant / Retail Space For Sale in Fort Walton Beach, FL
Restaurant / Retail Space For Sale in Fort Walton Beach, Florida
Marketing description
Now available for sale, 53 Beal Pkwy presents an owner-user or investment opportunity in the heart of Fort Walton Beach. Situated on approximately 0.31 acres and zoned General Commercial (CG) within the City of Fort Walton Beach, this ±3,488 SF building offers exceptional visibility with approximately 75 ft. of frontage along Beal Pkwy, plus 60 ft. of rear access along Shell Avenue, creating convenient pass-through circulation and potential drive-thru functionality. Additional highlights include a 14,400 daily traffic count, ample on-site parking, and positioning within Fort Walton Beach's CRA District, along with close proximity to Downtown FWB, where significant public and private investment is currently underway, including a new multi-family development at 1st Street and Lowery Place and the Brooks Bridge replacement project. Currently operating as a bar and grill with event space, the property is well-suited for a wide range of retail, restaurant, office, medical, or service-oriented uses, an ideal fit for owner-users, investors, or developers looking to capitalize on this rapidly evolving market.
Investment highlights
- 3,488 SF retail building on .31 acres
- Zoned CG – City of Fort Walton Beach
- Dual frontage: 74' on Beal Pkwy / 60' rear access on Shell Ave
- 14,400 VPD traffic count
- Located in FWB CRA district
- Through-lot access – drive-thru potential
- Ample parking
- Current use: bar & grill / event space; adaptable to multiple uses
- Near Downtown FWB growth corridor, new multi-family development, and Brooks Bridge project
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