Downtown Residential / Commercial Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30589304
Property Subtypes: Office, Residential (Single Family), Retail, Other
Gross Land Area: 0.23 Acres
Sale Price: $999,000
Unit Price: $4,343,478 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/26/2020

Overview / Comments

Premium Downtown location Zoned C-2 (Residential and Commercial uses), which consists of two parcels on .23 acres. Property is located on West Government Street between South Devilliers Street and South Reus Street in Downtown Pensacola. The proposed site plan allows for up to 4 residential lots with 120 FF along W. Government Street. There are two neighboring parcels located to the North on W. Intendencia Street that can be used for ingress-egress to driveways for residents on West Government Street. (Conceptual Drawing attached in listing photos). The West Intendencia parcels total .43 acres. This parcel is not on the market for sale - owner may entertain an offer.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009070050038
Zoning: C-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,425 53,305 120,420
Median Age: 43.29 38.99 37.43
Households: 2,229 22,256 45,768

Contact

Photograph of Listing Agent

Deborah J. Anglin, SIOR

Beck Partners CRE, LLC
Gulf Coast CMLS Member
Photograph of Listing Agent

Thomas V McVoy

Beck Partners CRE, LLC Gulf Coast CMLS Member
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