Catylist ID: #30388760
$1.0M Price Reduction-1st Church of Nazarene
Special Purpose for Sale
|Catylist Listing ID:||30388760|
|Property Subtypes:||Assembly/Meeting Place, School/University|
|Building Size (RSF):||43,880 SF|
|Gross Land Area:||10.53 Acres|
|Property Use Type:||Vacant/Owner-User|
|Usable Size (USF):||43,880 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
$1 Million price reduction!!!!!!! Includes $130,000 annual net income.
This is a very nice facility. Located on 10.5 acres this 43,880 SF church facility consisting of 3 buildings with an operating day care facility (Net income $130,000 / 2018).
Property has two points of ingress and egress allowing for easy access.
Constructed in 1986, the daycare facility (13,329 SF) has 15 classrooms, a small reception area, administrative office, kitchen area, a projection room, small stage and numerous restrooms. The exterior features a playground area that is fully fenced. Current daycare operation generates $130,000 Net Income (2018).
Constructed in 2007, the multi-purpose building is two stories (28,031 SF).
The ground floor is 17,670 SF that has a predominantly open area that serves as both the sanctuary & recreational area with a basketball court and includes a 'stage' area (See photos). Surrounding the center open area is offices and Sunday school class rooms as well as a fellowship hall with full commercial kitchen.
The seating capacity is for 550 utilizing folding chairs. The main lobby has two large restrooms and the secondary entrance has two small restrooms.
The pavilion servicing the ball field was built in 2000 (2,520 SF) and has 2 restrooms and is used as a meeting room with a concession area for the ball field.
The newer bldg has a fire suppressant sprinkler system.
The lot is 10.53 Ac (345' x 1,316' x 343' x 1,353')
|Nearest MSA:||Pensacola-Ferry Pass-Brent|
|Taxing Authority:||Escambia County|
|Property Located Between:||I-10 and E. Kingsfield Rd.|
|Largest Nearby Street:||Property fronts Pine Forest Rd|
|Feet of Frontage:||345|
|Highway Access:||Property fronts Pine Forest Road|
|Site Description:||Excellent road frontage and exposure along Pine Forest Road with over 14,500 vehicles passing by daily. Level acreage. The design and layout of the property would allow conversion to a charter school or faith based school with room to build a sanctuary on the front portion of the property.|
|Area Description:||Expanding residential area with nearby commercial development of Navy Federal Credit Union's home office and new middle school.|
|Total Number of Buildings:||3|
|Number of Stories:||2|
|Typical SF / Floor:||43,880 SF|
|Construction/Siding:||Brick/Aluminum Siding, Wood Frame|
|Exterior Description:||Brick exterior walls. Well maintained|
|Parking Ratio:||7 (per 1000 SF)|
|Parking Description:||Guesstimate 300. Level, paved and stripped.|
|Air Conditioning:||Engineered System|
|Interior Description:||Office area has 10' ceilings. Sanctuary has 30' ceiling. Daycare 8' ceilings. See photos|
|Zoning Description:||LDR (Low Density Residential)-Allows churches/schools.|
|Land Ownership:||Fee Simple|
|Legal Description:||In file.|
|Proximity:||1 mile||3 miles||5 miles|
Gary Watson, CCIMEXIT Realty NFI-Commercial Gulf Coast CMLS Member
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