Downtown Area - Convenience Store/Gas Station

Retail-Commercial for Sale
Catylist Listing ID: 29884817
Property Subtypes: Convenience Store
Building Size (RSF): 1,400 SF
Gross Land Area: 0.30 Acres
Sale Price: $355,000
Unit Price: $253.57 PSF
Property Use Type: Investment, Business
Building Name: Quick Fill
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

Great neighborhood market and gas station with many clientele from the surrounding neighborhoods and commuters from downtown. The building is currently leased out; so buyer will receive rent until the lease agreement expires or the tenants can be given 60 days notice to vacate) and run it themselves or just renew the lease with current tenants.

The store is strategically located just minutes from downtown Pensacola, Three Mile Bridge, and Cordova Mall area.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: ESCAMBIA COUNTY
Tax ID/APN: 000S009025006244
Zoning: C-1
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: 9th Avenue
Feet of Frontage: 137
Highway Access: Interstate I-110
Airports: Pensacola International Airport
Site Description: Neighborhood Gas Station and Convenience Store that has a steady clientele from the local neighborhoods and downtown commuters.
Area Description: Residential / Commercial area within 5 minutes of downtown.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,400 SF
Property Condition: Good
Year Built: 1965
Parking Type: Surface
Zoning Description: C-1
Lot Frontage: 137
Lot Depth: 94
Water Service: Municipal
Sewer Type: Municipal
Legal Description: NE1/4 BLK 244 NEW CITY TRACT O R 5145 P 214 CA 64

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,806 57,298 134,779
Median Age: 41.66 40.03 38.49
Households: 4,865 23,097 54,941

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