Professional Office Space for Sale (Pensacola, FL)
Office
for Sale
Catylist Listing ID: |
30865989 |
Property Subtypes: |
Medical, Flex Space, Net Leased, Office Building, Other
|
Building Size (RSF): |
1,413 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.11 Acres
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Sale Price: |
$349,900 |
Unit Price: |
$247.63 PSF |
Ceiling: |
9 ft. |
In Opportunity Zone? |
Yes |
Property Use Type: |
Net Leased Investment (NNN), Investment, Business |
Building Name: |
Pensacola Birth & Maternity Center |
Class of Space: |
Class B |
Usable Size (USF): |
1,413 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
5.0% |
Average Occupancy Rate: |
100 |
Last Updated: |
4/17/2024 |
Overview / Comments
"Welcome to this versatile commercial property located at 2200 N Palaofox St in Pensacola, FL. Currently occupied by a midwife business with a 3-year lease with current tenant and a clause stating the new owner can occupy the property. You Get the best of both options! This property offers a 5% cap rate, providing immediate income and return on investment. Upon entering the lobby, you are greeted by a wide hallway that leads to 4 spacious rooms and a convenient kitchenette. The flexible layout of the space presents various possibilities, making it ideal for a doctor's office, dentist's office, or even a bail bond dispensary.
Strategically situated near downtown, Pensacola High School, and Baptist Hospital, this property enjoys a prime location with easy access to amenities and services.
With its current lease in place and its adaptability for diverse business ventures, this commercial property at 2200 N Palaofox St represents a compelling investment opportunity with a promising future."
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Financials
Finance Data Year |
2024 |
Real Estate Taxes - Annual($) |
$2,622 (Annual) |
Lender Name |
NA |
Additional Details
Nearest MSA: |
Pensacola-Ferry Pass-Brent |
County: |
Escambia |
Taxing Authority: |
Escambia County |
Tax ID/APN: |
000S009010006129 |
Zoning: |
COMMERCIAL |
Property Visibility: |
Excellent |
Highway Access: |
Just Minutes from hwy 110 |
Airports: |
12 minutes to Pensacola Airport |
Site Description: |
Well maintained maintence free brick building with beautiful curb appeal. The front of the building offers front parking stalls for clients ease of entry to the property. The
large front windows bring a large amount of natural light to the lobby. |
Area Description: |
Close prximity to downtown in a high traffice business area |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
1,413 SF |
Year Built: |
1964 |
Year Renovated: |
2021 |
Roof Type: |
Flat |
Construction/Siding: |
Brick |
Exterior Description: |
Well maintained maintence free brick building with beautiful curb appeal. The front of the building offers front parking stalls for clients ease of entry to the property. The
large front windows bring a large amount of natural light to the lobby. |
Parking Ratio: |
81 (per 1000 SF) |
Parking Type: |
Surface |
Parking Description: |
Front parking and some street parking |
Total Parking Spaces: |
8 |
Sprinklers: |
None |
Heat Type: |
Electricity, Hot Water |
Heat Source: |
Central, Heat Pump |
Air Conditioning: |
Engineered System, Other |
Internet Access: |
Cable |
Interior Description: |
The natural light windoe filled entrance opens into a spacious lobby. The lobby then leads into the main hallway that connects all the rooms and flows into the kitchenette. |
Zoning Description: |
Commercial |
Lot Frontage: |
50 |
Lot Depth: |
100 feet |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Owned |
Legal Description: |
W 100 Ft Of Lt 6 And Of S 20 Ft Of Lt 7 Bel No Blk 129 Belmont Tract Or 8850 P 1363 Ca 81
|
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
11,326 |
69,569 |
143,596 |
Median Age: |
40.13 |
38.26 |
38.47 |
Households: |
4,144 |
27,650 |
58,296 |
© Copyright 2024 Moody's. All Rights Reserved.
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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