1.10 Acres in the Retail Corridor

Retail-Commercial for Sale
Catylist Listing ID: 30740490
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Building Size (RSF): 16,500 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $81.82 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

This prime 16,500 SF building sits in the retail corridor of Pensacola, FL on 1.10 acres. Located right off N. Davis Highway, this 16,500 SF building includes: a +/- 12,947 showroom, 1,317 office, and a 1,936 warehouse. The immaculate glass storefront allows for lots of natural light while the warehouse has a roll up door with a loading dock. Just installed new, 40-year, corrugated metal roof.

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 301S306403000002
Zoning: HC/L1 (HEAVY COMMERCIAL AND LIGHT INDUSTRIAL )
Retail Clientele: General, Business
Property Located Between: Off N. Davis Hwy. between E. Burgess Rd. & Schubert Dr.
Property Visibility: Excellent
Largest Nearby Street: N. Davis Hwy.
Airports: Pensacola International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1985
Zoning Description: HC/LI (Heavy Commercial and Light Industrial)
Legal Description: BEG AT NW COR OF GOVT 5 S 0 DEG 32 MIN 30 SEC E ALG W LI OF SD LT 713 03/100 FT N 89 DEG 42 MIN E 1789 18/100 FT S 0 DEG 31 MIN 30 SEC E 287 FT FOR POB CONT S 0 DEG 31 MIN 30 SEC E 122 FT N 89 DEG 48 MIN 0 SEC E 388 86/100 FT TO W R/W LI OF FERRY PASS HWY (80 FT R/W) NELY ALG SD R/W LI BEING A CURVE TO RT HAVING A RADIUS OF 1957 08/100 FT CHORD BEARING N 19 DEG 28 MIN 15 SEC E CHORD DIST 56 42/100 FT TO A PT OF TANGENCY CONT N 20 DEG 17 MIN 49 SEC E 60 85/100 FT S 89 DEG 47 MIN 0 SEC W 269 63/100 FT N 0 DEG 31 MIN 30 SEC W 12 FT S 89 DEG 48 MIN 30 SEC W 160 14/100 FT TO POB OR 2543 P 529 OR 5971 P 491 LESS OR 5313 P 434/777/832 RD R/W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,028 69,041 165,142
Median Age: 35.77 36.29 38.49
Households: 5,381 28,249 66,976

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