Retail & Land @ 6656 Pine Forest Rd.

Retail-Commercial for Sale
Catylist Listing ID: 30265124
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 1,772 SF
Gross Land Area: 0.96 Acres
Sale Price: $199,500
Unit Price: $112.58 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

* Property is on highly traveled Pine Forest Road 500 ‘ from the corner of Mobile Hwy and Pine Forest Rd.
* The subject location has two buildings on site; the front building is currently being used as a bar. The rear residential building, is used for storage. The properties land values exceed the building values.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: County MSTU
Tax ID/APN: 391S311206000000
Zoning: HCD
Site Description: * .96 AC +/‐ * Dimensions 100’ x 416’ +/‐ * Frontage – 100 FT * PID‐ 391S311206000000 * Zoned‐ HCD
Area Description: * Property is located across from newly developed Zaxby’s, “Pine Forest Corners” a new 48,000 SF neighborhood WalMart anchored center, Murphy Express, and the Pensacola Interstate Fair Grounds. *Highly desirable area with widespread new development. Property is surrounded by heavy roof tops to the East and South and like uses all around. The bar is profitable, but not the highest and best use.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1965
Lot Frontage: 100
Lot Depth: 416
Legal Description: Escambia County Property Appraiser 391S311206000000 - Full Legal Description BEG 20 FT E AND 296 FT S OF NW COR OF NE1/4 CONTINUE S 100 FT E 436 FT N 100 FT W 436 FT TO BEG OR 2036 P 374 OR 7637 P 923 LESS OR 2269 P 165 MCCURLEY

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,966 52,924 135,758
Median Age: 36.79 38.08 37.19
Households: 1,487 20,184 52,079

Contact

Photograph of Listing Agent

Tina Tortomase

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Cameron Cauley, MiCP

NAI Pensacola Gulf Coast CMLS Member
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