North 9th Avenue Building

Office for Sale
Catylist Listing ID: 30393610
Property Subtypes: Mixed Use
Building Size (RSF): 2,000 SF
Gross Land Area: 0.51 Acres
Sale Price: $139,900
Unit Price: $69.95 PSF
Property Use Type: Investment
Building Name: North 9th Avenue Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/14/2019

Overview / Comments

The subject building improvements serve as a especially functional multi-purpose building located in a prime traffic area on the west of North 9th Avenue. The building has had several upgrades over the past 10 years including a new roof in 2005; new HVAC was installed in circa 2016; and upgraded electrical. Many cosmetic changes were made by former tenant. The subject building is situated on 0.51 acres providing sufficient space for expansion and/or parking. NOW LEASED! Good investment opportunity or interim use for future development. Please also see the adjoining property to the south (corner site) is also available at $175,000. CMLS #30354120 see graphic attached.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: City of Pesacola
Tax ID/APN: 000S009025010368
Side of Street: West
Road Type: Paved
Property Visibility: Good
Transportation: Bus
Airports: Pensacola International
Area Description: Great commercial location on North 9th Avenue. There are a wide range of commercial uses in this area along both sides of North 9th Ave.
Zoning Description: C-1, Commercial
Lot Frontage: 137
Lot Depth: 150

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,242 65,858 144,499
Median Age: 41.01 39.11 38.26
Households: 3,614 26,468 59,025


Photograph of Listing Agent

G. Jeff White

Connell & Company Realty, Inc.
Gulf Coast CMLS Member
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