East Hill C-1 Commercial on N 9th Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30447645
Property Subtypes: Free-Standing Building
Building Size (RSF): 6,272 SF
Gross Land Area: 14,000 SF
Sale Price: $750,000
Unit Price: $119.58 PSF
Ceiling: 18 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Poor Richard's Antiques
Usable Size (USF): 6,024 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/15/2019

Overview / Comments

Alliance Real Estate is pleased to present for sale, two free standing buildings in the East Hill district of Pensacola. Both buildings are fully conditioned and currently in use as an Antique Furniture Store by Owner/Operator. Located on a corner lot, the unique style of main building provides good visibility to more than 15,000 daily commuters along N. 9th Avenue.

Main building is 3,472 +/- gross sf with high, arching ceilings and a large open area showroom. The building features three-phase power. Plumbing for single restroom can be modified to add an additional one if desired. An office and back room storage can also be reconfigured to accommodate needs of new owner.

Second building is 2,800 +/- sf, fully conditioned open warehouse featuring 14' ceiling height and 1 roll-up door. Building is accessible from N 9th Avenue and E De Soto Street.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 000S009025170132
Zoning: C-1
Retail Clientele: General, Business, Recreation, Other
Property Located Between: N 9th Avenue and E De Soto St.
Property Visibility: Excellent
Largest Nearby Street: Cervantes
Feet of Frontage: 100
Traffic/Vehicle Count: 15,100
Highway Access: 1/2 Mile to Highway I-110
Airports: PNS
Site Description: Property includes two contiguous parcels (100' x 80' and 100' x 60') and includes two buildings.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 3,224 SF
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2007
Roof Type: Domes
Construction/Siding: Metal Siding, Modular
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Air Curtain
Zoning Description: C-1
Lot Frontage: 100
Lot Depth: 140
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee-Simple
Legal Description: S 100 FT OF LTS 19 20 BLK 132 NEW CITY TRACT OR 7150 P 1103 CA 66

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,754 50,418 130,074
Median Age: 41.33 41.47 37.95
Households: 3,106 21,601 50,762

Contact

Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
Photograph of Listing Agent

David P Wu

Alliance Real Estate Gulf Coast CMLS Member
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