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

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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
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