Downtown Pensacola

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Office
Catylist Listing ID: 30369603
Property Subtypes: Restaurant, Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 1,814 SF
Gross Land Area: 0.04 Acres
Sale Price: $275,000
Unit Price: $151.60 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,814 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2019

Overview / Comments

Retail or Office located in thriving Downtown Pensacola ready for your business. Keep the existing set up, taking advantage of the multiple private rooms or open up the lower floor to create one large open space. Great location for pedestrian/ walking foot traffic with immediate proximity to other retailers, restaurants, offices, library, banks, farmer's market and more. This site has the added benefit of instant access to major streets and highways with I-110 being less than .5 of a mile from the front door. Survey and Building plans available.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: City of Pensacola, Escambia County
Tax ID/APN: 000S009007006036
Zoning: C-2A
Retail Clientele: General, Family, Business
Property Located Between: Chase St. and Gregory St.
Property Visibility: Excellent
Largest Nearby Street: W./E. Garden St.
Feet of Frontage: 185
Traffic/Vehicle Count: 11,500
Highway Access: Less than .5 of a mile to the I-110 on ramp.
Airports: Pensacola International Airport
Site Description: Roof condition certification with 7-8 years remaining and additional improvements by the owner which included sewer repair and back flow replacement.
Area Description: Located in the Downtown Retail Commercial District.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,436 SF
Property Condition: Good
Year Built: 1940
Year Renovated: 1980
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick exterior with large display window in the front. Front and rear access to the property with private parking in the rear of the building.
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: Two Dedicated Rear Parking Spaces. All other parking is Downtown Street Parking.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Interior Description: Spacious interior with existing carpet on floor and drywall/ paneling throughout. Open front room concept off of front entry with three additional private rooms and large open space with 2 bathrooms (1 shower), storage closet under the stairs, and 378 square foot bonus room/ break room on the second floor. Offices (4) measure 11'6 x12 ceiling height (at drop ceiling) 9 Ft. Reception measures 11 x12 ceiling height (at drop ceiling) 9 Ft. Secretary pool measures 14x17 - ceiling height 7 Ft. Upstairs break room measures 23'4 x 11'6 - ceiling height 6'4 Ft. (building plans notate a total height of the back (slab to roof) of 13'10 Ft
Zoning Description: The downtown retail commercial (C-2A) zoning district is intended to provide a mix of restaurants, retail sales, entertainment, and service establishments with an emphasis on pedestrian-oriented ground floor shops and market spaces.
Lot Frontage: 18.5
Lot Depth: 102
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: N 18 54/100 FT OF S 129 76/100 FT OF E 102 FT OF LT 36 ARPENT LOTS OR 1113 P 815 OR 7891 P 1596 OR 7898 P 1248 OLD CITY TRACT CA 75

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,837 48,489 118,500
Median Age: 39.96 39.4 37.63
Households: 3,552 20,378 45,470

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial NRT Pensacola
Gulf Coast CMLS Member
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