Prime Commercial in Villagio Town Center, Perdido Key, FL

Retail-Commercial for Sale
Catylist Listing ID: 30000408
Property Subtypes: Mixed Use, Other
Condo? Yes
Building Size (RSF): 960 SF
Gross Building Area: 50,000 SF
Gross Land Area: 333 - 1,139 SF
Sale Price: $149,000
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Villagio Town Center
Usable Size (USF): 963 SF
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/11/2017

Overview / Comments

Villagio Town Center is occupied by existing commercial tenants in the A B and C building. Only two Commercial units are available for sale in the B Building.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 353S320100222002
Is Condo?: Yes
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Located Between: Across the street from the beach and several gulf front condos
Property Visibility: Excellent
Largest Nearby Street: Perdido Key Drive
Feet of Frontage: 333
Traffic/Vehicle Count: 10,000
Highway Access: Perdido Key Drive turns into Sorrento Road or Gulf Beach Highway. Both of these roads intersect with Blue Angel Parkway.
Airports: PENSACOLA INTERNATIONAL AIRPORT
Site Description: Villagio Town Center is a multi-use commercial development that consists of Retail, Hospitality and Property Management and Real Estate companies. The second floor of Building C is Residential Condominiums.
Area Description: Perdido Key is a Tourist Destination, with Villagio being the ONLY Commercial PUD in the area. Condominiums and Beach Houses line the shoreline. Retail grocery and big box stores are found on the mainland.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Typical SF / Floor: 963 SF
Property Condition: Excellent
Year Built: 2008
Roof Type: Other
Construction/Siding: Stucco
Exterior Description: See pictures
Total Parking Spaces: 190
Parking Type: Surface
Parking Description: Parking for commercial and residential according to Escambia County rules
Passenger Elevators: 3
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System, Package Unit
Internet Access: Cable, DSL
Interior Description: This unit is completely finished out and ready to move in. It consists of a Reception / Area, small Sitting Room, 3 or 4 Office Spaces, Conference Room, Supply / File Room as well as a Restroom.
Zoning Description: Multi-use Residential and Commercial
Part of Planned Development?: Yes
Lot Frontage: 333
Lot Depth: 1139
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Easements Description: all underground according to Escambia County
Land Ownership: Owned
Legal Description: unit 222-B of Villagio, a mixed use Condominium according fo Declaration as recorded in Book 5912, Page 1., of public records of Escambia County Florida. Also, 1.90 interest in common elements(OR 6634 P 1967

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 532 3,366 12,751
Median Age: 51.47 45.94 43.44
Households: 270 1,519 5,467

Contact

Photograph of Listing Agent

William P. Lagman

Coastal Real Estate Center, LLC Gulf Coast CMLS Member
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