Prime Investment Property

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30814948
Property Subtypes: Convenience Store, Service Station/Gas Station
Status: Pending/Contingent
Building Size (RSF): 746 SF
Gross Building Area: See Agent
Gross Land Area: 0.41 SF
Sale Price: $700,000
Unit Price: $938.34 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 746 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/19/2023

Overview / Comments

Current Occupied by Tenant with lease options ending in April of 2029. Landlord is selling the property as-is. High traffic count location with great visibility. Long-standing convenient store location.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 491S309101000041
Zoning: C-1
Retail Clientele: General, Family, Business
Property Located Between: Davis Hwy. and Chadwick Street
Property Visibility: Excellent
Largest Nearby Street: Davis Hwy.
Feet of Frontage: 265
Traffic/Vehicle Count: 19,800
Highway Access: I-10. FL 291-N Fairfield on ramp (.9 miles)
Airports: Pensacola International Airport
Site Description: Small convenient store with 6 pumps and food truck site.
Area Description: Conveniently located by Bailey's Fresh Produce and hosts of medical offices and businesses.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 746 SF
Property Condition: Good
Year Built: 1963
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Zoning Description: C-1
Lot Frontage: 265
Lot Depth: 125
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: 4306 N Davis Hwy. LT 40 LESS OR 1770 P 630 FISHER BOONE PLACE PB 2 P1 OR 6116 P 758 4300 N Davis Hwy. BEG AT NE COR OF LT 41 FOR POB WLY ALG NLY LI OF SAID LT TO NW COR SLY ALG WLY LI OF SAID LT 50 FT SELY TO SE COR OF SAID LT NLY ALG E LI OF SAID LT TO POB PART OF LT 41 BOONE PLACE PB 2 P 1 OR 6116 P 758 LESS OR 1770 P 630 FISHE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,080 79,672 168,582
Median Age: 33.33 37.95 38
Households: 2,974 31,927 68,945

Contact

Photograph of Listing Agent

Daniel J Hua

Alliance Real Estate Gulf Coast CMLS Member
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