20,727 SF Highly Visible Office/Medical Building on Bayou Blvd

Retail-Commercial for Sale
Catylist Listing ID: 30826321
Property Subtypes: Free-Standing Building
Building Size (RSF): 20,727 SF
Gross Land Area: 2.30 Acres
Sale Price: $5,500,000
Unit Price: $265.35 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/30/2024

Overview / Comments

20,727 SF highly visible Office/Medical building on 2.3 Acres with 120 parking spaces on Bayou Blvd. New roof installed 2020, upgraded HVAC system installed 2019.

This building is conveniently located in the heart of the Cordova Mall area with Sacred Heart Hospital in near vicinity, along with many other major shopping centers and restaurants in the area.

This building is currently occupied by Ascension Sacred Heart and is also on the market for LEASE..

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 331S307101000005
Zoning: C-2
Retail Clientele: General, Family, Business, Recreation
Property Visibility: Excellent
Largest Nearby Street: 9th and 12th Avenue
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 21,727 SF
Year Built: 1972
Total Parking Spaces: 120
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,411 74,445 145,576
Median Age: 40.04 39.27 38.04
Households: 2,802 30,502 59,832

Contact

Photograph of Listing Agent

Donald Neal, CCIM, SIOR

Neal & Company, LLC Gulf Coast CMLS Member
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