Catylist ID:
#30659184
| Catylist Listing ID: | 30659184 |
| Property Subtypes: | Free-Standing Building, Restaurant, Tavern/Bar/Nightclub |
| Building Size (RSF): | 2,310 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.18 Acres |
| Sale Price: | $99,000 |
| Unit Price: | $42.86 PSF |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Former Tippy's Tavern |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/22/2020 |
Overview / Comments
|
Priced for quick sale being sold *AS IS* This former restaurant and tavern on a corner lot of Barrancas Ave with an ADDT of 23,500 cars a day. This location has Prime signage, covered outdoor patio with outside band stage, and private event space. The photos attached are from the previous sale. This location needs work, but can be restored to its former glory. Now is the time to pick up this asset while supply is low in the Pensacola market. Located with easy access to NAS Pensacola, Pensacola Country Club, and Downtown Pensacola. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Tax ID/APN: | 502S305000140015 |
| Zoning: | C-1 |
| Retail Clientele: | General |
| Property Visibility: | Excellent |
| Traffic/Vehicle Count: | 23,500 |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Poor |
| Year Renovated: | 1975 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,652 | 54,296 | 113,633 |
| Median Age: | 40.68 | 35.78 | 36.88 |
| Households: | 2,570 | 20,329 | 43,299 |
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