Restaurant For Sale with Equipment

Retail-Commercial for Sale
Catylist Listing ID: 30351387
Property Subtypes: Restaurant, Retail-Pad
Building Size (RSF): 6,500 SF
Gross Land Area: 0.59 Acres
Sale Price: $795,000
Unit Price: $122.31 PSF
Property Use Type: Vacant/Owner-User
Building Name: Hong Kong Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2018

Overview / Comments

Existing operational restaurant building available for sale or for lease. Lease rate is $5,000 NNN. Equipment will go with lease of building.

Great location - close to Corry Station and Pensacola NAS! Lots of parking and great visibility directly across from McDonalds ; and just minutes from downtown Pensacola.

There is adjacent property available that could be sold or leased along with this property. (4,500 sq.ft. bldg. on 0.17 acres and vacant land of 0.19 acres ). Call agent for details.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 372S302006000010
Zoning: COM
Retail Clientele: Family, Business, Tourist
Property Located Between: Navy Blvd and Old Corry Field Road
Property Visibility: Excellent
Largest Nearby Street: Navy Blvd.
Feet of Frontage: 210
Airports: Pensacola International Airport
Site Description: paved asphalt parking lot ;
Area Description: business district in West Pensacola close to the Naval Air Station and Corry Station.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,500 SF
Property Condition: Good
Year Built: 1969
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Interior Description: ORIENTAL DECOR - FOR CHINESE RESTAURANT
Zoning Description: COM
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,086 63,321 130,509
Median Age: 30.14 36.93 36.26
Households: 4,295 24,784 48,670

Contact

Photograph of Listing Agent

David P Wu

Alliance Real Estate Gulf Coast CMLS Member
Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
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