Investment opportunity 5525 Pensacola Blvd .61 acres

Retail-Commercial for Sale
Catylist Listing ID: 30515679
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Vehicle Related, Other
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.61 Acres
Sale Price: $399,000
Unit Price: $199.50 PSF
Is Quick-Service Restaurant? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Restaurant, Car Garage, Retail shop
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2020

Overview / Comments

100.4 feet on Pensacola Blvd. .61 acre corner lot. Easy entrance on Boone Street.
Owner is selling the land and makes no warranty or places value on buildings.
2 of the buildings are occupied on month to month. All buildings could be repaired and brought up to standards. The restaurant was formerly a Pizza Hut.
The property is located on Pensacola Blvd, nestled between car dealerships and restaurants. There is Plenty of room for a fast food restaurant with easy access from Boone street.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: escambia
Tax ID/APN: 471S301101050046
Zoning: COMMERCIAL/ OFFICE/ RESIDENTIAL
Retail Clientele: General, Business, Recreation
Property Located Between: Pensacola Blvd. frontage and Boone Street.
Property Visibility: Excellent
Largest Nearby Street: Pensacola Blvd
Feet of Frontage: 100
Highway Access: Major Highway frontage, corner lot with 250 feet access on Boone Street.
Airports: Pensacola Regional
Area Description: Very high traffic count on main highway coming into Pensacola.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 2,000 SF
Property Condition: Fair
Year Built: 1972
Construction/Siding: Wood Siding
Exterior Description: 3 Buildings
Parking Type: Surface
Interior Description: All buildings are occupied with businesses but are in fair condition
Zoning Description: Commercial, Office, Residential, High Density Commercial.
Lot Frontage: 100
Lot Depth: 280
Water Service: Municipal
Legal Description: W LI 28 92/100 FT TO S R/W LI OF BOONE RD (60 FT R/W) FOR POB CONT SAME COURSE 107 11/100 FT S 72 DEG 7 MIN W 280 FT N 22 DEG 41 MIN W 100 4/10 FT TO SLY R/W LI OF SD RD N 72 DEG 7 MIN E ALG SD R/W LI 250 FT TO POB OR 4088 P 1088 OR 7296 P 523 OR 7349 P 1725 LESS OR 586 P 479 COUNTY RD R/W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,160 77,134 186,972
Median Age: 27.18 36.86 38.3
Households: 1,445 29,911 76,418

Contact

Photograph of Listing Agent

Glinda Martin

HBM II, Inc.
Gulf Coast CMLS Member
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