Mid-City Stand Alone Building

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30856268
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 4,680 SF
Gross Building Area: See Agent
Gross Land Area: 1.46 Acres
Sale Price: $325,000
Unit Price: $162,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/21/2024

Overview / Comments

Built in 1982, this rigid-frame construction building with a metal modular roof offers durability and longevity. Inside, you'll find a spacious layout. The expansive building is configured with multiple large rooms and open-concept rooms. The building has drop ceilings throughout, multi-stall bathrooms, a mix of planked and carpet floorings, and a commercial kitchen with two walk-in coolers and a large break room area. The exterior of the building features sidewalks, covered deck areas, and some landscaping.

The surrounding area offers a country-type setting with large trees and a pleasant mix of residential and commercial users. The location is quick to I-10, the downtown core, and central Pensacola. The building has a private parking area in the front. Additionally, there is an enclosed rear yard. Approximately 1.457 AC subject to survey.

Please note: The current tenant is relocating. Please call to schedule an appointment

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 312S303000000020
Zoning: MDR
Total Number of Buildings: 1
Number of Stories: 1
Zoning Description: Purpose. The medium density residential (MDR) district establishes appropriate areas and land use regulations for residential uses at medium densities within suburban or urban areas. The primary intent of the district is to provide for residential neighborhood development in an efficient urban pattern of well-connected streets and at greater dwelling unit density than the low density residential district. Residential uses within the MDR district are limited to single-family and two-family dwellings. The district allows non-residential uses that are compatible with suburban and urban residential neighborhoods
Lot Frontage: 177.92
Lot Depth: 356
Legal Description: In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,385 75,186 159,939
Median Age: 39.28 36.93 37.91
Households: 4,751 29,847 62,698


Photograph of Listing Agent

Tina Tortomase MiCP

NAI Pensacola Gulf Coast CMLS Member
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