2-Unit Office Building in Cantonment

Office for Sale
Catylist Listing ID: 30790344
Property Subtypes: Office Building
Building Size (RSF): 3,641 SF
Gross Building Area: See Agent
Gross Land Area: 1.03 Acres
Sale Price: $450,000
Unit Price: $123.59 PSF
Property Use Type: Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/5/2022

Overview / Comments

Fantastic opportunity in growing Cantonment! This commercial property is located directly on Hwy 29 just north of the Winn-Dixie shopping plaza and post office, making this a very convenient location with plenty of traffic. Currently, this 2-unit building houses an Allstate office and an H&R Block office. Suite A is 1800 sqft and Suite B is 1841 sqft, and both units offer plenty of space to fit a variety of business needs. There is easy access and great visibility from the road. Maintenance costs will be low since this property was built in 2001 and is in pristine condition inside and out. Schedule your appointment to see and discuss this property before it's gone!

Current Tenants

Tenant Business Name Allstate
Is Renting? Yes
Suite Number A
Current Rent $1,800 PSF (Annual)
Tenant Business Name H&R Block
Is Renting? Yes
Current Rent $1,610 PSF (Annual)
Tenant Notes This tenant is NOT renewing their lease.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 141N316000003003
Zoning: COMMERCIAL
Property Visibility: Excellent
Highway Access: Property located directly on Hwy 29 and approximately 15 minutes to I-10 on ramp.
Airports: Pensacola International Airport - 12.9 miles
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2001
Construction/Siding: Brick
Exterior Description: Brick exterior with metal roof. Large covered porch on two sides of building which face the parking lot.
Parking Type: Surface
Zoning Description: Commercial
Lot Frontage: 199
Lot Depth: 226
Legal Description: BEG AT INTER OF S LI OF LT 2 OF S/D OF LT 6 & WLY R/W LI OF PALAFOX HWY (FORMERLY PENSACOLA- FLOMATON HWY 66 FT R/W) NLY ALG SD WLY R/W LI 772 FT WLY DEFLECT 83 DEG 22 MIN 14 SEC LEFT PARL TO S LI OF LT 2 336 02/100 FT FOR POB CONT WLY 226 30/100 FT TO E R/W LI OF HWY 29(ST RD # 95 200 FT R/W) SLY DEFLECT 93 DEG 32 MIN 56 SEC LEFT 199 04/100 FT ELY DEFLECT 86 DEG 27 MIN 4 SEC LEFT PARL TO S LI OF LT 2 226 30/100 FT NLY DEFLECT 93 DEG 32 MIN 56 SEC TO LEFT 199 04/100 FT TO POB OR 6027 P 1790

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,535 23,963 57,080
Median Age: 38.34 40.65 39.56
Households: 546 8,958 22,400
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