5725 N Palafox St

Industrial for Sale
Catylist Listing ID: 30870080
Property Subtypes: Flex Space, Free-Standing, Warehouse/Distribution
Building Size (RSF): 3,841 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $65.09 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/19/2024

Overview / Comments

5725 N Old Palafox is a mixed-use asset featuring 3,841 square feet of space. This unique property combines a two-story apartment and shop space, offering a rare opportunity for investors and developers alike.

Originally constructed in 1940 and recently housing Adam's Pawn Shop, this property is ideal for those looking to invest at a low entry point with significant upside potential. Whether the goal is renovation for rental or resale, or complete redevelopment, 5725 N Old Palafox presents a canvas for various strategic approaches.

The current owner is highly motivated, presenting an attractive opportunity for immediate acquisition and subsequent value-add strategies.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 471S301101004064
Zoning: COM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,976 78,080 185,680
Median Age: 30.05 37.02 38.43
Households: 2,246 30,296 75,947

Contact

Photograph of Listing Agent

Kylle Shoemaker

Stirling Pensacola Gulf Coast CMLS Member
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