Price Reduction!!! 1,248 SF Office/Retail

Retail-Commercial for Sale
Catylist Listing ID: 29700978
Property Subtypes: Day Care Facility, Free-Standing Building
Building Size (RSF): 1,248 SF
Gross Land Area: 0.25 Acres
Sale Price: $65,000
Unit Price: $52.08 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: Formerly-'Panda-San'
Usable Size (USF): 1,248 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

Asking price reduced from $89,000!!!

Older home converted to retail shop....could be retail or office.
The bldg is 1,248 SF plus an interior storage area of 80 SF and an exterior storage bldg 240 SF (20'x12').

There is a 17 KW Back-up generator and a security system. Concrete parking for 5 cars in front. Bldg is serviced by ECUA public sewer.

Seller's have closed their retail store 'Panda-San' (Asian foods and furniture) to retire.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 44-1S-30-1000-024-002
Zoning: HDMU
Market Type: Medium
Retail Clientele: General, Business
Property Located Between: "W" Street and Mobile Hwy
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: "W" Street
Traffic/Vehicle Count: 32,000
Transportation: Bus
Highway Access: Fronts on State Rd 296
Site Description: Level site....bldg and parking up front....Storage bldg on rear. Rear yard grass
Area Description: Most buildings facing Michigan Ave. have been converted into offices or retail stores. Residential behind.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,248 SF
Property Condition: Average
Year Built: 1960
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Painted Concrete Block
Total Parking Spaces: 5
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Concrete
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Open area as you walk in plus 2 offices, another open area (work area, one bath and a kitchen.
Zoning Description: HDMU (Allows office/retail)
Lot Frontage: 80'
Lot Depth: 136
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Lengthy in file

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,597 73,126 170,417
Median Age: 34.9 36.8 37.43
Households: 4,003 27,240 68,202

Contact

Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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