Restaurant Near Malls and Hospital

Withdrawn Retail-Commercial for Sale
Catylist Listing ID: 30040602
Property Subtypes: Restaurant
Building Size (RSF): 3,000 SF
Gross Land Area: 0.80 Acres
Sale Price: $599,000
Unit Price: $199.67 PSF
Property Use Type: Vacant/Owner-User
Building Name: Sake Cafe
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Withdrawn On: 7/31/2017
Last Updated: 7/31/2017

Overview / Comments

This restaurant has been in operation as Sake Cafe - Japanese Restaurant for almost 10 years. Before this, it was an old Pizza Hut Restaurant. It is located on the hard corner of Royce Street and 9th Ave. The mall is less than 1/2 mile away, the Pensacola International Airport, Sacred Heart Hospital, and many neighborhoods are just around the corner. This is the location that you want to be for your new restaurant or retail shop! Easy access in and out ; the visibility is excellent! Plenty of parking for your employees and customers (over 50+ parking spaces). Current tenant is staying until May 2017. Please call for more information or to schedule a showing.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 043782000
Zoning: C-1 (CITY)
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Royce Street and 9th Avenue
Property Visibility: Excellent
Largest Nearby Street: 9th Avenue
Feet of Frontage: 150
Traffic/Vehicle Count: 26,000
Highway Access: Interstate I-110 is appox. 5 min. away
Airports: Pensacola International Airport
Site Description: Level and rectangular paved lot with easy access from Royce Street and 9th Avenue.
Area Description: Commercial and Neighborhood area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Good
Year Built: 1970
Year Renovated: 1980
Roof Type: Other
Construction/Siding: Brick
Total Parking Spaces: 50
Parking Type: Surface
Air Conditioning: Engineered System
Zoning Description: C-1
Lot Frontage: 150 ft.
Lot Depth: 232
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,300 77,766 151,529
Median Age: 39.23 38.21 38.27
Households: 2,420 31,397 62,300


Photograph of Listing Agent

David P Wu

Coldwell Banker Commercial NRT Gulf Coast CMLS Member
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