Prime Downtown Renovation Site

Office for Sale
Sale Pending
Catylist Listing ID: 30778219
Property Subtypes: Office Building, Other
Status: Pending
Building Size (RSF): 12,800 SF
Gross Building Area: See Agent
Sale Price: $1,800,000
Unit Price: $140.63 PSF
Property Use Type: Investment
Building Name: Prime Downtown Renovation Site
Class of Space: Class A
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 12/31/2021

Overview / Comments

Location Location Location. This amazing property is prime for redevelopment. Numerous options can include retail, multifamily or office. Significant new development in every direction. Building is completely gutted and ready for development. There is no mechanical, electrical or plumbing in place.

Prime Location
Great Visibility
Downtown Pensacola
Ample Street Parking

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009001001243
Number of Stories: 2
Typical SF / Floor: 6,400 SF
Year Built: 1945
Year Renovated: 1985

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,289 50,743 118,207
Median Age: 40.83 39.08 37.6
Households: 2,988 21,291 45,026

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