Iconic Lounge FL Panhandle

Retail-Commercial for Sale
Catylist Listing ID: 30827441
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Sale Price: $1,600,000
Unit Price: $533.33 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2023

Overview / Comments

This is a successful and well-known Iconic lounge in the Florida Panhandle
Business has 40 years of history and is Turn Key.
NOT THE ACTUAL LOCATION or size - The address is for the brokerage firm.

Property Highlights:
Iconic Bar with 40 years of History
New Roof and Awning in 2020, New ice machine in 2021
Complete Bar, Breakroom, Office, and Liquor Storage
Great Visibility
Great Opportunity for Swag Sales
32 cameras

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009007003024
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,837 47,198 121,848
Median Age: 39.96 39.58 37.8
Households: 3,552 19,846 46,860


© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions.