.48 Acre on W. Lakeview Near Pace Blvd

Retail-Commercial for Sale
Catylist Listing ID: 29986704
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 1,000 SF
Gross Land Area: 0.48 Acres
Sale Price: $99,000
Unit Price: $99 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,000 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/23/2024

Overview / Comments

Three combined parcels being offered for a total of .48 acre, all zoned HC-LI. A 1,000 SF office on the property will remain.

The old house facing P Street is due to be demolished. Other structures that were on the properties have been demolished and removed. The adjacent .43 acre parcel that fronts Pace Blvd is also available for sale ($95K). See #29984570. If purchased together the property would encompass half the block for a total of .91 acre. Some owner financing available.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 17-2S-30-1200-002-010
Zoning: HC-LI
Retail Clientele: General, Business
Property Located Between: W. Lakeview Street and W. Avery
Property Visibility: Fair
Largest Nearby Street: N. Pace Blvd
Feet of Frontage: 150
Highway Access: Easy access to Pace Blvd.
Airports: Pensacola International
Site Description: Three level lots combined. Office building will remain, home on P Street is due to be demolished. Structures that were on Lakeview have been demolished and removed from property.
Area Description: Various small businesses and residential homes in the area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,000 SF
Property Condition: Average
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Total Parking Spaces: 20
Parking Ratio: 20 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved/Gravel
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Currently used as a residence but could easily be an office.
Zoning Description: HC-LI (Heavy Commercial - Light Industrial)
Lot Frontage: 140'
Lot Depth: 150'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: In file

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,832 80,856 151,084
Median Age: 40.11 36.33 38.43
Households: 5,006 30,886 61,027

Contact

Photograph of Listing Agent

Gary Watson, CCIM

Watson Commercial Group, LLC Gulf Coast CMLS Member
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