Madison Office Park Unit 35 for Sale

Office for Sale
Catylist Listing ID: 30138753
Property Subtypes: Business Park, Executive Suites, Governmental, Institutional, Office Building, Other
Building Size (RSF): 2,400 SF
Sale Price: $169,900
Unit Price: $70.79 PSF
Property Use Type: Investment
Building Name: Madison Office Park
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2018

Overview / Comments

This beautiful 2 story office building has a total of 2,400 SF, split 1,200 SF on each floor. The First floor offers 3 offices, an IT room, 2 storage closets, waiting room and restrooms. The first floor has access from both the front of the building along with the rear. The Second floor offers 5 offices, an IT room and restroom. Each floor has an independent thermostat. This space could be divided into two suites. one being on the first floor and the other on the second floor. A devising wall would need to be constructed after the entrance to the second front door. This would allow for first and second floor suites. There is a month to month tenant on each floor.

Madison Office Park is located at the intersection of Bayou Blvd. and 12th Avenue. This office park plays host to several professional office buildings and likewise tenants. Centrally located and convenient to shopping and dining, this space is only 1.5 miles from Interstate 110, 1 mile from the Pensacola International Airport & Cordova Mall and less than 1 mile east of Sacred Heart Hospital. High visibility and excellent traffic counts. This site has great access and good parking.

- Centrally Located Professional Office Building for Sale
- High Visibility & Great Access
- Conveniently located to Interstate 110, Cordova Mall, Pensacola International Airport and Sacred Heart

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 331S307700000028
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,200 SF
Year Built: 1986

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,031 76,346 144,539
Median Age: 41.44 39.17 38.28
Households: 3,410 31,244 60,073


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