C-store/car lot on N Palafox Zoned HC/LI commercial

Retail-Commercial for Sale
Catylist Listing ID: 30052574
Property Subtypes: Convenience Store, Day Care Facility, Garden Center, Retail-Pad, Street Retail, Vehicle Related
Building Size (RSF): 2,856 SF
Gross Building Area: See Agent
Gross Land Area: 0.52 Acres
Sale Price: $140,000
Unit Price: $49.02 PSF
Ceiling: 8 ft.
Property Use Type: Business
Building Name: C-Store or mixed use on North Palafox
Usable Size (USF): 2,856 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/2/2017

Overview / Comments

Commercial zoned (HC/LI) - Looking to open a store, convenience, smoke, vape, pawn or just a parts and automotive. This is the corner lot and building for that. .5 Acres to store things or for parking. Located on the up and coming Palafox business strip just North of Olive Rd. Lots of traffic 7 days a week. Has potential for upstairs living or apartment. Separate 2 car garage in the back.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 21-1S-30-1101-008-063
Zoning: HC/LI HEAVY COMMERCIAL / LIGHT INDUSTRIAL
Retail Clientele: General, Business, Tourist, Convention
Property Visibility: Good
Largest Nearby Street: Olive and Detroit
Feet of Frontage: 182
Traffic/Vehicle Count: 12,236
Highway Access: Close proximity and easy access to both Hwy 29 and I-10
Airports: Pensacola International airport
Area Description: Strong business corridor with high traffic count on Old Palafox Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,270 SF
Property Condition: Fair
Year Built: 1975
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Typical block construction - needs TLC and cleaning
Total Parking Spaces: 16
Parking Type: Surface
Parking Description: Ample parking for most any business type
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Zoning Description: HC/LI Heavy Commercial / Light industrial - Zoned for most any business type
Lot Frontage: 182
Lot Depth: 149
Water Service: Municipal
Sewer Type: Septic
Easements: Electric Lines, Utilities
Land Ownership: Owned
Legal Description: COMMENCE AT THE SOUTHWEST CORNER OF LOT 64, LYING WEST OF THE L & N RAILROAD, OF THE SUBDIVISION OF SECTION 21, TOWNSHIP I SOUTH, RANGE 30 WEST, ESCAMBIA COUNTY, FLORIDA, ACCORDING TO THE PLAT OF THAT SUBDIVISION RECORDED IN PLAT BOOK 2 AT PAGE 90, OP THE PUBLIC RECORDS OF ESCAMBIA COUNTY, FLORIDA; THENCE RUN EAST PARALLEL WITH THE NORTH LINE OF SAID LOT 64 A DISTANCE OF 958.63 FEET TO THE POINT OF BEGINNING (WHICH POINT IS IN LOT 63 OF SAID SUBDIVISION); THENCE CONTINUE SAME COURSE A DISTANCE OF 148.48 FEET, MORE OR LESS, TO THE WESTERLY RIGHT-OF-WAY LINE OF OLD PALAFOX HIGHWAY; THENCE NORTHWESTERLY ALONG THAT RIGHT-OF-WAY LINE A DISTANCE OF 182.4 FEET; THENCE WESTERLY A DISTANCE OF 149.58 FEET TO A POINT LYING 171.79 FEET NORTHWESTERLY OF THE POINT OF BEGINNING ON A LINE DRAWN NORTHWESTERLY FROM THE POINT OF BEGINNING AND PARALLEL TO OLD PALAFOX HIGHWAY; THENCE SOUTHEASTERLY PARALLEL TO THE WESTERLY RIGHT-OF-WAY LINE OF OLD PALAFOX HIGHWAY A DISTANCE OF 171.79 FEET TO POB OR 7541 P 1116

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,444 64,365 138,238
Median Age: 37.95 36.81 37.94
Households: 1,799 24,712 54,284

Contact

Photograph of Listing Agent

Glen D Fielder

EXIT Realty NFI - Pensacola Gulf Coast CMLS Member
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