East Pensacola Heights - Commercial/Multi use Opportunity

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30864048
Property Subtypes: Street Retail
Status: Pending/Contingent
Building Size (RSF): 5,090 SF
Gross Building Area: See Agent
Gross Land Area: 0.57 Acres
Sale Price: $1,500,000
Unit Price: $294.70 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2024

Overview / Comments

East Pensacola Heights re-development opportunity for retail commercial and multi use project. This offering includes 4 buildings and 3 parcels of property (310 Perry Ave, 2905 & 2909 E Cervantes St), plus a dedicated 20' alley way from Perry Ave to Pickens Ave. This part of the Heights is the heart of a thriving commercial corridor. The parcels have multiple ingress/egress points, the alley way, and a lighted intersection.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 052S295905029015
Zoning: R - NC
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Area Description: East Pensacola Heights - this is the heart of a thriving commercial corridor.
Property Condition: Good
Zoning Description: R-NC (residential/neighborhood commercial)
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,155 35,701 100,621
Median Age: 42.46 42.93 39.62
Households: 2,753 15,515 41,039


Photograph of Listing Agent

Scott Jennings

Olde City Realty Gulf Coast CMLS Member
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