Commercial Building - Neighborhood Anchor
Retail-Commercial
for Sale
| Catylist Listing ID: |
30860013 |
| Property Subtypes: |
Mixed Use, Restaurant
|
| Building Size (RSF): |
5,400 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,100,000 |
| Unit Price: |
$203.70 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Building Name: |
2030 / 2040 / 2050 |
| Sale Terms: |
Cash to Seller |
| Average Occupancy Rate: |
100 |
| Last Updated: |
11/6/2023 |
Overview / Comments
Bill Manning of Kuhn Realty is excited to present this well-known, neighborhood anchor property for sale. Filled with popular local businesses, this building has always been a bustling center of activity for the East Hill neighborhood of Pensacola. Situated as a well-traveled route between downtown and Pensacola Beach, the 12th Avenue corridor is home to a wide variety of businesses and is woven directly into the middle of some of Pensacola's most desirable residential neighborhoods. This property offers a legacy opportunity to it's new owner. Call Today!
- High visibility
- Many recent updates including structural, HVAC, Electrical, etc.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
ESCPA |
| Tax ID/APN: |
000S009025001246 |
| Zoning: |
C1 |
| Retail Clientele: |
General |
| Property Located Between: |
12th & 13th Ave, Jordan St and Hernandez St |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Cervantes St |
| Site Description: |
Well-established and highly visible brick building on the corner of 12th Avenue and Jordan St. |
| Area Description: |
As one of the original neighborhoods in Pensacola, East Hill continues to be one of the most desirable areas for residents to call home. And a recent renovation revival and new construction boom proves it's position is holding steady. Local's propensity to support local businesses has helped the neighborhood maintain a thriving micro-economy that continues to grow every year. Proximity to downtown and the Cordova area keep a healthy flow of traffic streaming up and down 12th Avenue, adding convenience by way of accessibility to the many residents in and around East Hill. The property itself is a short 1/2 mile away from I-110 access. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1955 |
| Year Renovated: |
2018 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Tall, single-story brick building with a metal awning spanning the entire 12th Ave frontage. Large windows facing 12th on each unit. |
| Parking Type: |
Surface |
| Interior Description: |
3 units are outfitted to support tenants needs. All units have received updates in the recent past. |
| Zoning Description: |
C-1 |
| Lot Frontage: |
75.25 |
| Lot Depth: |
120 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
N 75 25/100 FT OF LTS 1 2 3 BLK 246 NEW CITY TRACT OR 6225 P 1839 CA 51 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,889 |
55,364 |
128,678 |
| Median Age: |
41.78 |
40.24 |
39.01 |
| Households: |
4,486 |
22,332 |
53,048 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
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