Office Building Cordova Business District

Office for Sale
Catylist Listing ID: 30745366
Property Subtypes: Coworking, Flex Space, Office Building, Other
Building Size (RSF): 4,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.05 Acres
Sale Price: $600,000
Unit Price: $125 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: SSD
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2021

Overview / Comments

Two buildings combined to create an expansive 4,800 SF Professional Building in sought-after Madison Park. Annex. The building is divided into three spaces for tenant users. Suite A- 1,200 SF, Suite B -1,200 SF and Suite C occupies 2,400 SF.

Income Producing- Currently Fully Occupied, 2,400 SF will be available in January.
Perfect for owner-occupier, or lease a portion to tenants for an income stream.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: City of Pensacola
Tax ID/APN: 331S307700000050
Property Located Between: Bayou Blvd and Summit Blvd
Property Visibility: Excellent
Highway Access: Quick
Area Description: The property is located in the booming Cordova Medical Business District. Cordova Business District is a highly developed area comprised of medical professionals, business professionals, retailers, and residential rooftops. The site is convenient to Sacred Heart Hospital, Pensacola State College, Pensacola International Airport and Area Retailers.
Total Number of Buildings: 2
Number of Stories: 2
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Attractive Brick Exterior, Arched Doors and windows with bright green shutters
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: The building features multiple conference rooms, 12 private offices, multiple rest-rooms (both floors), a full kitchen, open training room, break rooms, and a dedicated reception area
Lot Frontage: 60
Lot Depth: 40
Water Service: Municipal
Sewer Type: Municipal
Legal Description: In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,449 76,346 144,539
Median Age: 40.8 39.17 38.28
Households: 2,776 31,244 60,073


Photograph of Listing Agent

DeeDee Davis

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Jenny Noonan

NAI Pensacola
Gulf Coast CMLS Member
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