Freestanding Bldg in Pace

Retail-Commercial for Sale
Catylist Listing ID: 30573814
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,721 SF
Gross Land Area: 0.94 Acres
Sale Price: $489,000
Unit Price: $103.58 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 4,721 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/6/2020

Overview / Comments

Freestanding building with covered outdoor front patio in Pace, FL located just past the intersection of US 90. This site features a traffic count of (AADT) 18700 and exceptional visibility with 227 feet of frontage on Woodbine Rd, 3 means of ingress/ egress to the property and a freestanding Pylon sign with power. The shared parking easement allows for approximately 74 parking spaces surrounding the building. Contents include 60 inch restaurant hood system with fire suppression, grease trap, 3 tier sink, hand sink, 3 stainless work tables,10-door walk-in cooler, bar tap with liquor shelf, 3-door cooler, 10 x 9 walk-in freezer, tables and booths. Market Demographics within a 5 Mile Radius include: Total Population 34,920, Average House Hold Income $67,597, Average House Hold Size 2.7 and Median Age 37.9

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 17-1N-29-5800-0COMM-LOT0
Zoning: HCD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: US 90 and Chumuckla Hwy
Property Visibility: Excellent
Largest Nearby Street: Woodbine Rd.
Feet of Frontage: 227
Traffic/Vehicle Count: 18,700
Highway Access: Site is 0.8 of a mile to US 90, 3 miles to Five-Points, 4.5 miles to Scenic Hwy, 4.6 miles to University of West Florida, 7 miles to Avalon Blvd and 7.5 miles to I-10
Airports: Pensacola International Airport, Naval Air Station Whiting Field
Site Description: Freestanding building with 3 separate entrances for easy ingress and egress onto Woodbine Rd. 74 available parking spaces along with electric pylon sign and additional signage on the building.
Area Description: Pace, FL has seen the highest development in Santa Rosa County according to its Planning and Zoning Statistics & Charts. Pace, FL topped the County, ranking number one over a 24 year span for Commercial Permits. This growth has been attributed to Pace's "A" ranked school system and market demographics. A five mile radius of 4474 Woodbine Road shows a Total Population of 42,390 with a Median House Hold Income of $69,350.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,721 SF
Property Condition: Fair
Year Built: 1988
Total Parking Spaces: 74
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Zoning Description: Santa Rosa County: Highway Commercial Development - This district is designed to provide for a wide range of uses in appropriate and easily accessible locations adjacent to major transportation corridors and having access to a wide market area. This district is intended to be situated along selected segments of major thoroughfares in the vicinity of major intersections.
Lot Frontage: 227
Lot Depth: 223
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Other
Easements Description: Ingress and Egress Parking Easement, Agreement for Drainage Easement
Land Ownership: Fee Simple
Legal Description: WOODBINE ESTATES (ALSO LYG INGOVT LOT 3 & FRACTIONAL SEC 17TWNSP 1 NORTH RANGE, 29 WEST)PORTION OF COMMERCIAL LOT DESAS FOLLS: COM ON NE R/W OF HWY197-A & N LN OF SEC 22 THNNWLY ON CURVD RD (R=1860.08 FTCHB=N13*27'27 "W) 15.88 FT TOPOB & CONT ON CURV (R=1860.08' CHB=N10*03'57"W) 211.73 FT TO S LN OF UNITED GAS PIPE- LINETHN S81*53'30"E ON R/W 213.40FT TO NW CORN OF LOT 1 BLK FOF WOODBINE ESTATES THN S06*0330"W ON W LOT LN 152.99 FTTHN N4*07'01"W 63.08 FT THNS71*08'04"W 100.80 FT TO POBAS DES IN OR 3809 PG 1353

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,418 16,703 47,339
Median Age: 39.28 39.34 38.31
Households: 530 6,204 17,670

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial NRT Pensacola
Gulf Coast CMLS Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.