North Hill Retail-Zoned Commercial

Retail-Commercial for Sale
Catylist Listing ID: 30319529
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Service Station/Gas Station
Building Size (RSF): 1,238 SF
Gross Land Area: 0.46 Acres
Sale Price: $525,000
Unit Price: $424.07 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Gas Station
Usable Size (USF): 1,238 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/3/2018

Overview / Comments

1,238 SF Bldg with a 1,357 SF bldg canopy (Roof of bldg and canopy built together. Should be easy to convert to a 2,595 SF retail and/or restaurant.

Located in 1st block west of Palafox....directly across the street from Covington Place (at North Hill). $399,000 - $600,000. A great spot for a coffee shop!!!

Environmental clear (gas hasn't been sold here since the 90s.... owner has a 'No Further Action' letter.

Property on East side (currently a law firm) could possibly be available.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 00-0S-00-9010-061-032
Zoning: PC-1
Retail Clientele: General, Family
Property Located Between: Palafox and Baylen
Property Visibility: Excellent
Largest Nearby Street: Palafox
Feet of Frontage: 149
Highway Access: Fronts on Cervantes....Hwy 90
Airports: Penscola International Airport
Site Description: Corner lot
Area Description: Mixed high in residential and offices and retail.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,238 SF
Property Condition: Average
Year Built: 1972
Roof Type: Gable
Construction/Siding: Block, Wood Frame
Exterior Description: typical concrete block bldg. Nice gabled roof.
Total Parking Spaces: 20
Parking Ratio: 16.3 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable
Interior Description: Needs total renovation
Zoning Description: PC-1
Lot Frontage: 139
Lot Depth: 134
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,466 57,307 135,357
Median Age: 39.78 39.38 38.21
Households: 3,847 23,886 52,458


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
Photograph of Listing Agent

Glen D Fielder

EXIT Realty NFI - Pensacola Gulf Coast CMLS Member
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