Former Tippy's Tavern | $99,000

Retail-Commercial for Sale
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

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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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