New Price! Highly Visible Retail Building

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: 2,237 SF
Sale Price: $115,000
Unit Price: $99.83 PSF
Ceiling: 10 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 912 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2019

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., Buildings
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.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Submarket Type: Central Business District
Taxing Authority: Pensacola City Limits
Tax ID/APN: 000S009060021004
Zoning: R-1AA
Retail Clientele: General, Business
Property Located Between: A St. and W. Jackson St.
Property Visibility: Excellent
Largest Nearby Street: Cervantes
Feet of Frontage: 61
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
Property Condition: Good
Year Built: 1944
Year Renovated: 1990
Roof Type: Flat
Construction/Siding: Block
Parking Type: Other
Sprinklers: Other
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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


Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
© Copyright 2001-2019 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.