5538 Hwy 90 - Pace

Vacant Land for Sale
Catylist Listing ID: 30643709
Property Subtypes: Hospitality, Industrial, Mobile Home Park, Office, Retail
Gross Land Area: 2.48 Acres
Sale Price: $685,000
Unit Price: $276,209 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/28/2020

Overview / Comments

Commercial lot situated directly on Hwy 90 in booming Pace, with 332' of frontage along a fast-growing commercial corridor growing to meet the shopping needs of the throngs of new homeowners moving into the Pace/Milton area! This piece sits perfectly between Milton & Pace, leaning towards the Pace end within minutes to Lowe's, Home Depot, Walmart, Publix, Target. Just a short hop onto I-10 and you're in Pensacola. There is an existing 1240sf building on the property that is in good condition and could be used as a small coffee shop, retail, office/professional space, etc. The property consists of 2 parcels that are to convey together, the parcel to the East is 203x300 and parcel to the West is 129x200. Many possibilities await on this busy section of the Hwy 90 corridor. Bring your dreams of a restaurant, shop, or many other possibilities, as well as your checkbook because you're going to fall in love.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 07-1N-28-0000-02200-0000
Zoning: HCD
Property Located Between: Bell Ln. & Avalon Rd.
Property Visibility: Excellent
Legal Description: *DESCRIPTION PER DEED* 2014BEG AT SW CORN OF LOT 3 THN E223 1/3 FT FOR POB & CONT 2031/3 FT THN N 400 FT THN W 2031/3 FT THN S 400 FT TO POBLESS RD R/W ALL AS DES IN OROR 1197 PGS 476 & 498 & IN OR3378 PG 753
Largest Nearby Street: US-90
Feet of Frontage: 332
Highway Access: I-10
Area Description: Commercial lot situated directly on Hwy 90 in booming Pace, with 332' of frontage along a fast-growing commercial corridor growing to meet the shopping needs of the throngs of new homeowners moving into the Pace/Milton area! This piece sits perfectly between Milton & Pace, leaning towards the Pace end within minutes to Lowe's, Home Depot, Walmart, Publix, Target. Just a short hop onto I-10 and you're in Pensacola. There is an existing 1240sf building on the property that is in good condition and could be used as a small coffee shop, retail, office/professional space, etc. The property consists of 2 parcels that are to convey together, the parcel to the East is 203x300 and parcel to the West is 129x200. Many possibilities await on this busy section of the Hwy 90 corridor. Bring your dreams of a restaurant, shop, or many other possibilities, as well as your checkbook because you're going to fall in love.
Lot Frontage: 332
Lot Depth: 400
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,560 29,996 51,465
Median Age: 36.84 37.56 38.2
Households: 2,803 11,549 19,826

Contact

Photograph of Listing Agent

Bruce Baker, MBA

RE/MAX Infinity
Gulf Coast CMLS Member
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