MAJOR Price Reduction!! 6,200 SF Retail Building-Like NEW!!

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30044607
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 6,200 SF
Gross Land Area: 1.42 Acres
Sale Price: $749,000
Unit Price: $120.81 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former-Viet Hoa Oriental Food Market
Usable Size (USF): 6,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

Price reduced from $795,000!!!

Current owner bought in 2014 and totally gutted and rebuilt adding a 1,200 SF shipping/storage room on east side. The building is totally heated and cooled. Building has new roof, 3 new HVAC units.

This building is like new....SUPER clean. New lift station connecting to sewer in place. Last use was as a grocery store but could be used for any number of businesses as it is 'wide open' space inside. Originally built as a church.

Approximately 50% of the land is vacant and could either be used to expand the existing building or build another building.

Equipment (Coolers etc.) are NOT included in sale.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 14-2S-30-2001-001-005
Zoning: COM
Market Type: Medium
Retail Clientele: General, Business
Property Located Between: 5 properties west of Edison Dr
Side of Street: North
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: .75 Miles west of Fairfield Dr
Feet of Frontage: 200
Traffic/Vehicle Count: 36,000
Transportation: Bus, Highway
Highway Access: Fronts on Mobile Hwy (Hwy 90)
Airports: Pensacola International
Site Description: Level parcel...building is set back from the street
Area Description: General commercial-U-Haul, Hotel, TV Broadcast station
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,200 SF
Property Condition: Excellent
Year Built: 1976
Year Renovated: 2014
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Typical metal building
Total Parking Spaces: 100
Parking Ratio: 16.1 (per 1000 SF)
Parking Type: Surface
Parking Description: Approx. 50% paved the remainder grassed area.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Wide open space....currently used as a Grocery Store
Zoning Description: COM-Allows most retail uses.
Lot Frontage: 200
Lot Depth: 310
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Lengthy In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,124 75,594 154,486
Median Age: 34.72 36.29 37.11
Households: 3,872 29,526 60,677


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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