Freestanding 9,800 Sq Ft in Pace

Retail-Commercial for Sale
Also listed as Industrial, Office
Catylist Listing ID: 30475455
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,800 SF
Gross Land Area: 1.93 Acres
Sale Price: $785,000
Unit Price: $80.10 PSF
Ceiling: 15 ft.
Office SF: 474 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Building Name: Sears Hometown Stores
Usable Size (USF): 9,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2020

Overview / Comments

Freestanding open show room with industrial warehouse includes a 10 x 10 roll up door and 4 ft tall x 14 ft wide loading dock. Located in the heart of Pace, this property is visible from Hwy 90 and allows for additional building potential with its 1.93 acres. Located between Santa Rosa Commons and Lowes, this 9,800 square foot building sits between two major arteries in Pace with 34000 AADT on Hwy 90 and 7800 AADT on Bell Lane, which is a heavily used by pass road between I-10 and Hwy 90.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 13-1N-29-0000-01015-0000
Zoning: HCD
Property Located Between: Hwy 90 and Bell Lane
Largest Nearby Street: US-90
Traffic/Vehicle Count: 7,800
Highway Access: Located on Bell Lane with stop light access to Hwy 90 E/W less than 450 Feet from the property.
Airports: Pensacola International Airport, Naval Air Station Whiting Field
Site Description: Located 450 FT from the light at Hwy 90, 3 Miles to Avalon Blvd, 6 Miles to I-10 and 8 Miles to Pensacola. Great location for any business with visibility from Hwy 90 and easy access to the highways.
Area Description: The Pace/ Milton area has experienced a high population growth rate of 10.7% from 2010 to 2017, making the area one of the fastest growing areas in Northwest Florida. Average household income is over $75,000 per year and average age distribution is 37-38 years of age.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,800 SF
Property Condition: Excellent
Year Built: 2010
Year Renovated: 2010
Roof Type: Hip
Construction/Siding: Steel Frame
Exterior Description: Stone facade along the lower portions of the front and columns. Stucco on the remaining portion of the front with covered walk way to the main double door entrance. Metal siding on the side and rear of the building along with 10x10 roll up door and 4 ft tall x14 ft wide Loading doc.
Total Parking Spaces: 28
Parking Ratio: 2.9 (per 1000 SF)
Parking Type: Surface
Parking Description: 15 paved parking spaces in the front of the building with an additional 13 spaces on the south side of the building. Additional parking available in the rear for employees and large vehicles.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Interior Description: The total 9,800 square foot building is comprised of 6,985 square feet of heated and cooled open floor space with 10 ft ceilings and 2,815 sq ft of open warehouse space with 15 ft. ceilings and 10 x 10 roll up door. The heated and cooled space includes separate 6.4 x 7 men's and women's restrooms, two office spaces 9.9 x 14.4 and 11.6 x 14.4, a private 6.9 x 11.7 employee's bathroom with shower and 6.7 x 12.6 Kitchen.
Zoning Description: This district is designed to provide for a wide range of uses in appropriate and easily accessible locations adjacent to major transportation corridors and having access to a wide market area. This district is intended to be situated along selected segments of major thoroughfares in the vicinity of major intersections.
Lot Frontage: 173
Lot Depth: 606
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned
Legal Description: COM NW COR OF SEC TH E 1229.89FT ALG SEC LI TO I/S N EST W R/W ST RD 197A (BELL LANE) TH DEF R 90*41'30"R ALG WR/W & EXT 350.07 FT TO POB TH CONT ALG R/W 173.30 FT TH DEF R 89*31'40" FOR 606 FT TH DEF R 89*40' 71.60 FT TH DEF R 90*11' FOR 208.65 FT TH DEF L 90*11 FOR 101.70 FT TH DEF R 90*11 FOR 399.33 FT TO POB AS DES IN OR 2917 PG 2073

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,993 31,559 52,656
Median Age: 36.77 37.94 38.7
Households: 1,810 11,926 20,283

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial NRT Pensacola
Gulf Coast CMLS Member
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