Former Appetite 4 Life

Retail-Commercial for Sale
Catylist Listing ID: 30295488
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Other
Building Size (RSF): 6,422 SF
Gross Building Area: See Agent
Sale Price: $698,000
Unit Price: $108.69 PSF
Property Use Type: Business
Building Name: Former Appetite 4 Life
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2018

Overview / Comments

Formerly Appetite 4 Life. This property includes a commercial kitchen with equipment and supplies including a walk in cooler and freezer. Loose supplies are not included in the asking price, however, purchase may be negotiated. This price includes a 1600 sqft house at 809 N. Reus, special showing is required.

The commercial building may be purchased without the home for $559,000, however, the home will not be sold without the commercial building. The seller has asked the agent to be creative so please call to discuss any opportunity.

Cervantes is high traffic and offers big visibility, A sizable parking lot exist on the west side the of the property, which could accommodate cars for a restaurant. This building would be an excellent commissary or catering kitchen. The van out front is not included in this sale.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 000S009010230039
Zoning: C-1
Retail Clientele: Business, Other
Property Located Between: Reus and Devillers
Property Visibility: Excellent
Largest Nearby Street: Cervantes Street
Feet of Frontage: 215
Highway Access: Cervantes Street
Area Description: Just 4 Blocks East of Palafox and 5 blocks from I110 Access. This corner property has excellent visibility from Cervantes and Reus Street.
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1943
Year Renovated: 2014
Roof Type: Green
Construction/Siding: Brick, Stucco
Total Parking Spaces: 32
Parking Description: Parking along front and side of building
Lot Frontage: 215
Lot Depth: 158.5
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LTS 24 25 AND S 6 FT OF LT 23 AND S 66 FT OF LT 26 AND ALL LTS 27 28 BLK 39 BELMONT TRACT LESS CASE NO 67-2146 FOR STATE RD 10A R/W OR 6457 P 1493 CA 95 and Legal Description LT 22 AND N 24 FT OF LT 23 AND N 84 FT OF LT 26 BLK 39 BELMONT TRACT OR 7167 P 1852 CA 94

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,490 62,283 143,908
Median Age: 40.73 39.3 38.16
Households: 4,812 25,930 55,760

Contact

Photograph of Listing Agent

Daniel A. Zimmern

Scoggins, III Gulf Coast CMLS Member
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