1950 SF Retail/Cafe Building For Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30861871 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail, Other
|
| Building Size (RSF): |
1,950 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.23 Acres
|
| Sale Price: |
$375,000 |
| Unit Price: |
$192.31 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/25/2024 |
Overview / Comments
1950 Retail/Cafe building on 0.23 +/- AC Commercial Corner along Doctor's Row on N Davis Hwy at Royce Street.
Currently operating as Alaia's Cafe under lease until 4/30/25. Tenant can elect to terminate lease after 4/30/24. Current modified gross rental rate of $25,620 per year plus state sales tax.
Contact agent for showing instructions.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Tax ID/APN: |
481S306101001081 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,399 |
79,454 |
167,253 |
| Median Age: |
31.05 |
37.6 |
38.23 |
| Households: |
2,688 |
31,740 |
68,541 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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