ESTATE AUCTION: Mid-Century Office-Retail | 479 N Pace Blvd | 4,000 SF

Retail-Commercial for Sale
Catylist Listing ID: 30658674
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 4,000 SF
Gross Land Area: 0.27 Acres
Sale Price: $199,000
Unit Price: $49.75 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Futurevisions Comics & Toys | Hula Moon Tattoo Studio
Usable Size (USF): 4,000 SF
Sale Terms: Cash to Seller
Auction Type: Disclosed Reserve
Auction Reserve Amount: 150,000
Auction License Number: AB3264 AU4475
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

MINIMUM BID OF ONLY $150,000. Estate Auction to Settle the Estate of Owner Richard Woodard. Mr. Woodward Operated Futurevisions Sci-Fi, Comics and Collectables for 21 Years. The left side of the building was rented for 20 years to Hula Moon Tattoo Studio at a rate of $1,800. monthly. The building design is mid-century modern, constructed in 1964. Split equally among two separate storefronts/offices, each side is 2,000 square feet, for a building total of 4,000 square feet. A separate lot adjoins the back and is used for parking. Parking on the north side of the building, as well as an alley for easy exit between the subject property and Smith Security next door. The building is structurally sound and will need some updating to accommodate the new owner's specified use. Super location just minutes to downtown Pensacola - four blocks north of the corner of Garden St. - Pace Blvd. intersection.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 000S009060013146 and 000S009060011146
Zoning: C-1
Retail Clientele: General, Business
Property Located Between: Garden St., Navy Blvd. & Cervantes St.
Property Visibility: Excellent
Largest Nearby Street: Garden, Navy Blvd., Cervantes
Feet of Frontage: 915
Traffic/Vehicle Count: 18,800
Site Description: Pensacola International Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1964
Year Renovated: 1970
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: Concrete block structure with 1960's yellow modern brick facade on front and north side of the building.
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Interior Description: The left side was Hula Moon Tattoo and is in good condition with functioning HVAC. The right side was the comic book & action figure store and needs general cosmetic work. Both sides have several separate rooms, showrooms, offices and storage.
Zoning Description: C-1 in the Pensacola City Limits
Lot Frontage: 91.5
Lot Depth: 127.7
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: LTS 13 TO 15 BLK 146 WEST KING TRACT OR 4551 P 1790 LESS PACE BLVD R/W CA 126 and E 5 FT OF N 91 5/10 FT LT 11 AND ALL OF THE N 91 5/10 FT LT 12 BLK 146 WEST KING TRACT OR 4551 P 1790 CA 126

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,343 72,603 147,152
Median Age: 38.74 37.17 37.93
Households: 3,946 29,038 56,970


Photograph of Listing Agent

Gina Boyleston

Boyleston Realty, LLC Gulf Coast CMLS Member
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