Brownsville Office Building

Office for Sale
Catylist Listing ID: 30265605
Property Subtypes: Office Building
Building Size (RSF): 4,035 SF
Gross Land Area: 0.56 Acres
Sale Price: $199,900
Unit Price: $49.54 PSF
Property Use Type: Vacant/Owner-User
Building Name: Brownsville Office Building
Class of Space: Class B
Usable Size (USF): 4,035 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2019

Overview / Comments

The subject 0.56-acre site is improved with two masonry buildings containing approximately 4,035 SF overall. The subject building improvements were originally constructed in 1953 with substantial upgrades beginning in 2005. The subject improvements are in Historic Brownville, just 2.5 miles NW of Downton Pensacola. Building #1 - 2510 (GIR #000S009060003196) contains roughly 3,060 SF configured into five private offices; large conference room; 11 work stations; break area with kitchenette; ample storage; and two restrooms. Building #2 - 2512 (GIR #000S009060002196) contains roughly 975 SF configured into four work stations; large production area; and private restroom. The subject building improvements are of concrete block construction and positioned adjacent to similar structures on the west side of the subject improvements. There is ample off-street parking (+/- 30 spaces) with security gate. Access is via West Cervantes on the south side and North “S” Street on the east. Please refer to attached floor plan and subject plat. The subject property is also located in the Opportunity Zone (see map).

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 000S009060003196/002196
Property Visibility: Good
Airports: Pensacola International Airport
Site Description: The overall subject site is situated on the north side of West Cervantes Street between North “T” and North “S” Streets. The site is basically "L" shaped and contains approximately 0.56 acres or 24,394 SF. Ingress and egress to the site is via W. Cervantes and North "S" Streets. The site is basically level with the unimproved portion of the site divided between asphalt paved parking and grassy area.
Construction/Siding: Brick, Concrete
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: C-3
Lot Frontage: 122
Lot Depth: 152
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,385 74,378 151,888
Median Age: 39.28 37.19 37.78
Households: 4,751 29,649 58,856


Photograph of Listing Agent

G. Jeff White

Connell & Company Realty, Inc.
Gulf Coast CMLS Member
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