Downtown Retail

Retail-Commercial for Sale
Catylist Listing ID: 30369221
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 1,152 SF
Gross Land Area: 0.13 Acres
Sale Price: $155,000
Unit Price: $134.55 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 912 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/7/2019

Overview / Comments

Opportunity to pick up established business location from owner/operators who have been open for over 15 years. High visibility location on A St., Building and two adjacent lots are being sold together - owner will not divide.
Prior use was as a convenience store & (to go) restaurant. All FF& E's currently on site are included (i.e. hood vent; coolers). New A/C unit recently installed.

Area Highlights (1 Mile Radius* )
- Daytime Population - 22,510
- Projected High Growth Area + 9.7% by 2023
- Average income $53,281; projected increase by 22% by 2023
- Average Disposable Income 2018-2023 - $43,132

*Data based on ESRI STDB 2018; CCIM Website.

Due to recent and proposed zoning changes in the city of Pensacola, prospective buyer to confirm requirements for any proposed use, including parking.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Pensacola City Limits
Tax ID/APN: Parcel A: 000S009060021004; Parcel B: 000S009060022004; Parcel C: 000S009060023004
Zoning: PARCEL A: R1-AA; PARCEL B 7 C: VACANT RESIDENTIAL
Retail Clientele: General, Business, Recreation, Other
Property Located Between: A St. and W. Jackson St.
Property Visibility: Excellent
Largest Nearby Street: Cervantes
Feet of Frontage: 61
Traffic/Vehicle Count: 1,950
Highway Access: Aprox 1.2 Miles from I-110
Airports: PNS
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 912 SF
Year Built: 1944
Year Renovated: 1990
Roof Type: Flat
Construction/Siding: Block
Parking Type: Other
Heat Source: Central
Air Conditioning: Package Unit

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,563 61,832 144,187
Median Age: 40.47 38.92 38.11
Households: 4,262 25,713 55,945

Contact

Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.