Asian Supermarket For Sale - Including Real Estate

Retail-Commercial for Sale
Catylist Listing ID: 30872314
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 4,800 SF
Gross Land Area: 0.76 Acres
Sale Price: $895,000
Unit Price: $186.46 PSF
Property Use Type: Business
Building Name: Asian Supermarket
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2024

Overview / Comments

This newly remodeled building in West Pensacola has new electrical service, new AC unit, new flooring, new lighting, new equipment including display freezers, display refrigerators, new shelving, ...and much more.

Seller is motivated and needing to move out of state. The business is growing daily; the business just opened a few months ago. There is tremendous upside potential!

4,800 s.f. fully remodeled building on a 0.52 Acre Lot. (0.2 acre lot behind building will also be included in sale)

The purchase price for $899,000 is for the real estate only. The FF&E and inventory must be purchased separately and in addition to the real estate.

Call for a showing.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Submarket Type: Central Business District
Taxing Authority: Escambia County
Tax ID/APN: 342S301270000006
Zoning: COM
Retail Clientele: General, Family, Business
Property Located Between: New Warrington Road and Fortuna
Property Visibility: Excellent
Largest Nearby Street: New Warrington Rd
Feet of Frontage: 150
Airports: Pensacola International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,800 SF
Property Condition: Excellent
Year Built: 1970
Year Renovated: 2023
Construction/Siding: Block
Parking Type: Surface
Zoning Description: COM
Lot Frontage: 150
Lot Depth: 230
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,129 72,084 140,634
Median Age: 32.48 36.41 36.36
Households: 4,435 27,954 52,990


Photograph of Listing Agent

David P Wu

Alliance Real Estate
Gulf Coast CMLS Member
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