Flex Space on Navy Blvd

Industrial for Sale
Catylist Listing ID: 30352100
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 2,925 SF
Gross Building Area: See Agent
Gross Land Area: 0.21 Acres
Sale Price: $250,000
Unit Price: $85.47 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/19/2018

Overview / Comments

Commercial building vacant and ready for immediate occupancy: 2,925 SF under roof with 1,636 SF of office or retail space, 1,289 SF warehouse space, plus 220 SF of warehouse loft space.

The office/retail space is heated and cooled with a central system and features high ceilings with ceiling fans. One large showroom, two large offices, two restrooms, and a break room are included in the heated and cooled space.

The warehouse space can be converted to climate controlled space easily. In the warehouse is a restroom with a shower, washer/dryer connections, a large counter with cabinets, and a commercial grade garage door for deliveries.

Behind the building is a 56’ x 72’ concrete pad surrounded by an 8’ commercial chain link fence with barbed wire and a 12’ rolling drive gate. The possibilities for this secured outdoor space are endless.

Originally constructed in the late 1950’s, the building is sturdy. In 2006, the building was completely renovated to include all new electrical, ceiling tiles, floor coverings, drywall, windows, and a new pre-stressed concrete roof.

Exterior features include six parking spaces at the front of the building with additional space in the rear, storefront windows, opportunity for building signage, and framed awning for customer walkway.

In the area of the planned Navy Boulevard Beautification Project, the lot is 150’ deep with 60’ of frontage on high-traffic Navy Blvd (21,500 cars per day).

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 382S301000023004
Year Built: 1957
Year Renovated: 2006

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,898 67,314 135,322
Median Age: 33.8 36.76 36.71
Households: 3,738 26,470 50,792

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