101 S. Palafox "The Post"
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30819385 |
| Property Subtypes: |
Governmental, Office Building
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
12,684 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.80 SF
|
| Sale Price: |
$3,999,000 |
| Unit Price: |
$315.28 PSF |
| Ceiling: |
12 ft. |
| Property Use Type: |
Net Leased Investment (NNN), Vacant/Owner-User |
| Building Name: |
The Post |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/20/2023 |
Overview / Comments
|
This is a rare opportunity to live in the beating heart of downtown, in a space that is truly historic, and truly your own. With an option to have an extensive remodel above and around the historic Downtown Post Office to bring new residences above beautiful Palafox Street. Imagine thoughtful and spacious floor plans honor the history of the building while breathing fresh new life into this beautiful brick edifice. Behind the post office currently a pay and park parking lot that will allow you the opportunity to develop over 100 residential units. Don't miss this opportunity!
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia |
| Tax ID/APN: |
000S009001001196 |
| Zoning: |
C-2A |
| Highway Access: |
I-10, Hwy 98, Palafox |
| Airports: |
Pensacola International Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1900 |
| Sprinklers: |
Other |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System, Other |
| Internet Access: |
Cable |
| Zoning Description: |
C-2A, The residential density allowed is 135 units per acre. If the acreage is correct for the entire site, it is roughly 0.8171 acres, which would allow for 110 units (in theory). If a separate parcel is going to be created out of the parking area, then that acreage total would apply to the 135 units per acre |
| Lot Frontage: |
240 |
| Lot Depth: |
173 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Electric Lines, Ingress/Egress, Utilities |
| Legal Description: |
All Of Lot 196, The West 1/2 Of Lot 197, And All That Portion Of The East 1/2 Of Lot 197 And All Of Lot 198 Lying North Of A Line Drawn From A Point 50 Feet 4-1/2 Inches North Of The Southeast Corner Of Lot 198 To A Point On The West Line Of The East Half Of Lot 197, Which Point Is 50 Feet 7- 1/2 Inches North Of The South Line Of Said Lot 197, All Being In Block 26, Old City Tract, In The City Of Pensacola, Escambia County, Florida. Or 8140 P 1216 Ca 74 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,349 |
45,514 |
114,900 |
| Median Age: |
40.65 |
39.91 |
37.67 |
| Households: |
2,555 |
19,208 |
43,784 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|
