High Profile Corner Property Available

Retail-Commercial for Sale
Catylist Listing ID: 30499329
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 1,540 SF
Gross Building Area: See Agent
Sale Price: $397,500
Unit Price: $258.12 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/9/2020

Overview / Comments

Outstanding high profile corner location in strong commercial corridor at the intersection of East Fairfield Drive @ North Palafox Street . Retail, office or redevelopment site with good exposure in all directions. 155'+ frontage on Fairfield & 110'+ on Palafox.
Total traffic count 50,200 ( 37,000 Fairfield & 13,200 Palafox ).
1530sf retail shop on almost 1/2 acre. Currently occupied by Pensacola Battery on a monthly basis. Appointment only for showing. Former gas station with tanks removed April 1997. Discharge Notification Form on file from 12-27-88.
Call David Valletto 850-982-7352.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 042S305001000000
Zoning: C-3
Retail Clientele: General, Business
Property Located Between: Downtown Pensacola & Cordova Mall area
Property Visibility: Excellent
Largest Nearby Street: Fairfield Drive
Feet of Frontage: 155
Traffic/Vehicle Count: 50,200
Highway Access: 1/2 mile for I-110.
Airports: Pensacola International Airport
Site Description: Corner location at red light in the middle of a commercial district.
Area Description: Commercial area on all sides near Interstate.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,540 SF
Property Condition: Average
Year Built: 1966
Roof Type: Other
Exterior Description: Former gas station and currently battery store.
Total Parking Spaces: 15
Parking Type: Surface
Heat Source: Wall Units
Air Conditioning: Window Unit
Zoning Description: C-3
Lot Frontage: 155
Lot Depth: 110
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: ADCOCK TRACY ANN ADCOCK AMY JOY ADCOCK JESSE LEE
Legal Description: COMMENCING AT A CUT IN CONCRETE LOCATED AT THE INTERSECTION OF THE NORTHEASTERLY RIGHT-OF-WAY LINE OF PALAFOX HIGHWAY AND THE EASTERLY LINE OF THE RIGHT-OF-WAY CONNECTING PALAFOX HIGHWAY AND FAIRFIELD DRIVE (FORMERLY GOULDING ROAD) AND RUN THENCE N 4 DEGREES 12 MINUTES 31 SECONDS E ALONG SAID EASTERLY RIGHT-OF-WAY LINE A DISTANCE OF 22.71 FEET TO A POINT ON THE SOUTHEASTERLY RIGHT-OF-WAY LINE OF FAIRFIELD DRIVE (FORMERLY GOULDING ROAD); THENCE N 52 DEGREES 40 MINUTES 31 SECONDS E ALONG SAID SOUTHEASTERLY RIGHT-OF-WAY LINE OF FAIRFIELD DRIVE (GOULDING ROAD) A DISTANCE OF 155.42 FEET TO AN IRON ROD; THENCE S 37 DEGREES 17 MINUTES 30 SECONDS E A DISTANCE OF 127.26 FEET TO AN IRON ROD; THENCE S 52 DEGREES 42 MINUTES 30 SECONDS W A DISTANCE OF 170.80 FEET TO AN IRON ROD ON THE NORTHEASTERLY RIGHT-OF- WAY LINE OF PALAFOX HIGHWAY; THENCE N 37 DEGREES 07 MINUTES 30 SECONDS W ALONG SAID NORTHEASTERLY RIGHT-OF-WAY LINE OF PALAFOX HIGHWAY A DISTANCE OF 110.16 FEET TO POINT OF BEGINNING. OR 8022 P 1042

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,493 79,234 163,904
Median Age: 35.8 37.87 38.5
Households: 3,000 31,317 66,791

Contact

Photograph of Listing Agent

David Valletto, SIOR

Beck Partners CRE, LLC Gulf Coast CMLS Member
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