Cold Storage Industrial with 1.77 acres

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30298382
Property Subtypes: Cold Storage, Food Processing, Free-Standing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 11,316 SF
Gross Building Area: 10,921 SF
Gross Land Area: 1.77 Acres
Sale Price: $400,000
Unit Price: $35.35 PSF
Ceiling: 24 ft.
Docks/Doors: 2 Docks, 2 Doors
Office SF: 1,350 SF
Property Use Type: Vacant/Owner-User
Building Name: Tin Cup
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

Rare Find in one of Pensacola's Redevelopment Overlay Districts - Cold Storage Industrial Facility with 10,921 square feet that includes Ceiling Heights of 24 Ft. (3,660 ft), 20 Ft (2,700 ft), and 16 Ft (1,091). Additional square footage is comprised of Interior Dock Storage, Retail and dedicated Office Space. Two Loading Roll up Doors located at the front and an additional possibility for 2 more on the side of the building (doors were at one time in place, but are now blocked up). Large paved parking lot allows for large trucks to enter and maneuver for loading/ unloading as well as potential for additional on site storage and or income. Chain link security fencing surrounds the property.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 092S300401001001
Zoning: HC-LI
Property Located Between: Fairfield and Massachusets
Highway Access: Hollywood Ave is considered a high traffic "pass through" between two major arteries in Pensacola with direct access to Mobile Hwy, 1-10 and I-10
Airports: Pensacola International Airport
Site Description: Special Flood Hazard Area: X This property lies within the following Redevelopment Overlay Districts: Enterprise Zone, CRA District and Overlay District: PALAFOX.
Area Description: Surrounding property zoning HC/LI, HDMU, MDR
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,921 SF
Property Condition: Average
Year Built: 1967
Year Renovated: 2003
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Rubber roof with transferable warranty (2 years remaining). Property fully fenced. Customer parking and overflow parking. Lift station put in place 2003
Parking Type: Surface
Parking Description: Gated and paved surface located to the right of the building. Covered loading/unloading area located to the right of the two loading docs.
Column Spacing: no columns
Sprinklers: None
Lighting: Fluorescent
Interior Description: Masonry slab above grade with concrete finished floors and exposed concrete block walls. 1,587 Ft of Dock Storage with direct access to 1,091 Ft of Cooler Space (16 ft ceilings), 6,360 of Freezer Space (24 ft ceilings). Additional 2,700 Ft of Freezer space (20 ft ceilings) accessible through other Freezer space. 1350 ft of Retail and Office space with separate entrance located to the left of the loading docs.
Zoning Description: The primary intent of the district is to allow light manufacturing, large-scale wholesale and retail uses, major services, and other more intense uses than allowed in the commercial district. For additional details, refer to: Escambia County, Florida - Code of Ordinances PART III - LAND DEVELOPMENT CODE Chapter 3 - ZONING REGULATIONS ARTICLE 2. - MAINLAND DISTRICTS Sec. 3-2.11 - Heavy commercial and light industrial district (HC/LI).
Lot Frontage: 350
Lot Depth: 230
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Land Ownership: Owned
Legal Description: LTS 1 2 3 4 13 14 15 & 16 BLK 1 SCENIC TERRACE S/D PB 4 P 96 OR 5293 P 319

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,191 82,651 168,029
Median Age: 32.16 36.85 38.03
Households: 4,574 31,186 67,396

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial NRT Pensacola
Gulf Coast CMLS Member
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