Retail / Office 2 Buildings on North Palafox

Retail-Commercial for Sale
Catylist Listing ID: 30765692
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 4,085 SF
Gross Building Area: See Agent
Gross Land Area: 1.01 Acres
Sale Price: $583,600
Unit Price: $142.86 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Fantastic opportunity to own property on North Palafox. The property includes a 2,105-sf building and a 1,980 sf two-car garage and above garage apartment. The perfect live/work property or investment opportunity.
Nicely maintained with many updates. Garage Apartment has new roof, main building has new flooring, and windows throughout. 1.0069 acre completely fenced, approximately 199 ft (+/-) fronting N Palafox. To be verified by survey.
Property zoned HC/LI which allows for many uses. Retail sales, Retail service, public and civic, Light industrial, and much more. Perfect for Automotive After Market Industry User, Contractor, or Live Where you Work Professional

Must see to truly appreciate.

Call the listing agent for more information.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 111S301901006091
Retail Clientele: General, Family, Business, Other
Property Located Between: Palafox Street and Caro Street
Property Visibility: Excellent
Feet of Frontage: 199
Site Description: Well developed, hard corner position property. Building 1 (1.980 SF ) faces Palafox. Side road Caro provides access to the rear building.
Area Description: Just over an acre on North Palafox Street! The property enjoys maximum visibility with 199 FT of frontage and 272 FT on Caro Street. The property is surrounded by commercial users and established rooftops.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Interior Description: New Roofs, New Flooring, and New Windows throughout space! The flooring is a tasteful mix of LVP and Tile. The buildings are freshly painted in neutral colors. The main building has 5 private rooms, ample storage, some built in cabinetry and a full kitchen. The 2nd building is a garage, storage building with living quarters above.
Zoning Description: HCLI

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,155 51,565 120,955
Median Age: 39.47 39.46 38.01
Households: 2,391 21,376 47,750


Photograph of Listing Agent

Tina Tortomase MiCP

NAI Pensacola Gulf Coast CMLS Member
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