Hwy 29 Retail

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30183820
Property Subtypes: Free-Standing Building, Street Retail
Status: Pending
Building Size (RSF): 10,786 SF
Gross Land Area: 0.67 Acres
Sale Price: $1,100,000
Unit Price: $101.98 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former CycleWorld
Usable Size (USF): 10,786 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

Free-standing retail site, located on Hwy 29N, just south of Hwy 90 (9 Mile Road). Building has 180 feet of frontage and is situated on Hwy 29 on corner lot, with median cut. Open, retail floor plan offers spacious showroom, climate-controlled parts/storage area, as well as workshop with 10' x 12' roll-up door. Plenty of parking and fenced laydown yard. Flexible floor plan allows for a variety of retail uses. Owner has recently painted exterior of building.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County Tax Collector
Tax ID/APN: 11-1S-30-1901-010-058 & 11-1S-30-1901-007-058
Zoning: HC/LI
Retail Clientele: General, Business
Property Located Between: Johnson Ave & Devane Street
Property Visibility: Excellent
Largest Nearby Street: Hwy 29N (Pensacola Boulevard)
Highway Access: Hwy 29
Airports: Pensacola International
Site Description: Highway Retail
Area Description: Retail
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2006
Year Renovated: 2006
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Total Parking Spaces: 22
Parking Ratio: 2 (per 1000 SF)
Parking Type: Surface
Parking Description: Concrete
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: HC/LI
Lot Frontage: 180'
Lot Depth: 120'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: In File

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,109 54,899 128,972
Median Age: 39.63 39.51 37.88
Households: 2,812 22,676 50,530


Photograph of Listing Agent

Gerald McArthur, SIOR

Gerald McArthur, Gulf Coast Real Estate Advisors, LLC
Gulf Coast CMLS Member
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