1.30 Acres on Palafox with 200' Of Road frontage

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30384210
Property Subtypes: Mixed Use
Building Size (RSF): 800 SF
Gross Building Area: See Agent
Sale Price: $339,000
Unit Price: $423.75 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2019

Overview / Comments

Property was just reduced. Seller will entertain all offers. Commercial Property was previously used as a resale car lot. Great location with a an approximate traffic count 13,000 daily. 800 sq ft home currently being used as a rental, but would make a great office space. Property has two entrances so easy access from Palafox. Close to 29 and the interstate.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 271S301206000001
Property Located Between: Hwy 29 and Davis Hwy
Property Visibility: Excellent
Largest Nearby Street: Hwy 29
Feet of Frontage: 200
Traffic/Vehicle Count: 13,000
Highway Access: Distance to Hwy 29 is approximately .6 miles Interstate I10 is approximately 2.4 miles Davis Hwy approximately 2.1 miles 9 mile approximately Rd 4 miles
Airports: Pensacola International Airport 4.7 miles
Site Description: Level site, large oak trees, mostly paved lot with 3 entrances from Palafox St. with great visibility. Partially fenced, storage building and small 800 sqft home currently rented with month to month lease.
Area Description: Mostly commercial with mixed residential
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 800 SF
Year Built: 1958
Year Renovated: 1970
Roof Type: Hip
Construction/Siding: Vinyl Siding
Exterior Description: Small rental home with Storage building and fenced yard.
Parking Type: Surface
Zoning Description: Zoned HC/LI
Lot Frontage: 200.16
Lot Depth: 283.5
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BEG AT INTER OF W LI OF S N SMITH GRANT AND WLY R/W LI OF L AND N RR N 26 DEG 14 MIN W ALG R/W LI 149 75/100 FT TO A STATE IN PUBLIC RD S 61 DEG W ALG A LINE IN RD 734 FT 5 3/4 IN S 25 DEG 3 MIN E 135 FT 10 1/4 IN FOR POB W 284 FT 7 1/2 IN N 26 DEG 3 MIN W ALG ELY R/W LI OF PENSACOLA FLOMATON H/W 100 FT 1 IN N 61 DEG 34 2/3 MIN E 286 FT 3 1/8 IN TO POB ALSO BEG 175 FT N OF S LI OF SEC ON E R/W LI OF PALAFOX H/W FOR POB E 283 1/3 FT NLY 100 FT WLY TO H/W SLY ALG H/W TO POB OR 6194 P 521/524 OR 6198 P 948/951 OR 7204 P 657

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,163 68,655 182,479
Median Age: 37.37 35.72 38.27
Households: 2,546 27,223 73,804


Photograph of Listing Agent

Becky Holcomb

Re/Max Infinity Gulf Coast CMLS Member
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