120 W. Government St.

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30048682
Property Subtypes: Office, Retail
Gross Land Area: 0.65 Acres
Sale Price: $765,000
Unit Price: $1,175,115 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

The property is located on the north side of West Government Street between South Spring and South Baylen Streets. The property is situated immediately adjacent to office buildings, a similar surface parking lot, and the Escambia County Judicial Center. The interior parcel is slightly irregular in shape. The site has 109 feet of frontage on the north side of West Government Street, 60 feet of frontage on the south side of West Intendencia Street and an average depth of approximately 340 feet. The property is currently utilized as a metered surface parking lot with approximately 80 striped asphalt spaces. The property is zoned C-2A. Regulations are intended primarily for retail sales and service establishments oriented to a general community and/or regional market.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009001020120
Zoning: C-2A
Property Located Between: S. Spring and South Baylen Street
Legal Description: W 29 FT MORE OR LESS OF LT 120 & ALL LT 121 & W 60 FT OF LT 134 BLK 14 OLD CITY TRACT OR 6288 P 1439 CA 74
Largest Nearby Street: South Baylen St.
Area Description: Well located immediately within the Downtown Central Business District. The neighborhood is convenient to Pensacola Bay, Downtown Pensacola, churches, shopping facilities, schools, medical facilities, and other major sources of employment. A significant amount of re-development is the Community Maritime Park with ballpark and related office and retail structures. The property is zoned C-2A under the zoning ordinances of City of Pensacola. The commercial land use districts are established by the City of Pensacola for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional residential usage is allowed as well as residential uses on upper floors above ground floor commercial or offices and in other types of mixed-use development. Located to the south of subject property is the 6 story County Judicial Center, to the west is St. Joseph Catholic Church and City Hall, the north surface parking for an 11 story office tower and to the east is the county complex and historic downtown Pensacola.
Lot Frontage: 109
Lot Depth: 334
Zoning Description: Other Type Use
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,372 50,034 117,132
Median Age: 40.91 39.55 37.51
Households: 2,609 21,042 44,566

Contact

Photograph of Listing Agent

DeeDee Davis

NAI Halford Gulf Coast CMLS Member
Photograph of Listing Agent

Tina Tortomase

NAI Halford Gulf Coast CMLS Member

Source

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