RESIDENTIAL/COMMERCIAL FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 30855515
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,000 SF
Gross Building Area: 5,500 SF
Gross Land Area: 0.51 Acres
Sale Price: $419,000
Unit Price: $139.67 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 5,500 SF
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Average Occupancy Rate: 100
Last Updated: 3/26/2024

Overview / Comments

Whether you're looking for a new residence or a commercial space, this property offers unique opportunity to own both and cater to your needs.

Location: Located in prime commercial area, providing easy access to major highways - ideal for a wide range of businesses.

Warehouse Features: Built in 2020 with 3000 sft of space, this warehouse offers room for storage, manufacturing, or any other industrial use. It boasts 12 feet of ceiling clearance, and 3 drive-in doors, ensuring efficient logistics.
Parking: There is generous on-site parking. 18 Wheeler driveway access

Security: The property is equipped with surveillance cameras, alarm systems, coded doors.

Zoning: HDMU zoned allowing many opportunities

Residential Home: Fully renovated spacious 2500 sft brick home featuring 5 bedroom and 2 bathrooms. Rented on a month to month basis. Offering additional income opportunity.

Don't miss out on the chance to make this property your own. Contact me today to schedule a viewing and explore the potential it holds.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Submarket Type: Other
Tax ID/APN: 092S300900162007
Zoning: HDMU
Retail Clientele: General, Business, Other
Property Located Between: W street and North Palafox
Property Visibility: Good
Largest Nearby Street: N W st
Feet of Frontage: 109
Highway Access: I-110 and I-10
Airports: Pensacola Airport
Area Description: Mixed Residential and commercial area.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2021
Construction/Siding: Brick
Exterior Description: Residence - brick Warehouse - hardie board
Parking Type: Surface
Parking Description: gravel
Sprinklers: Other
Heat Type: Electricity
Zoning Description: High density mixed-use district (HDMU). See attached file
Lot Frontage: 109
Lot Depth: 198
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee simple
Legal Description: BEG NW COR OF LT 1 BLK 7 BELL ACRES S/D PB 2 P 10 N 75 DEG 01 MIN 07 SEC E ALG N R/W LI OF TRUMAN AVE (66 FT R/W) 171.66 FT CONT SAME COURSE 110.97 FT FOR POB CONT SAME COURSE 108.87 FT TO W LI OF PROPERTY DESC IN OR 6998 P 1487 PROCEED ALG W LI AND SLY EXT S 15 DEG 38 MIN 00 SEC E 198.32 FT TO N LI OF LT 14 BLK 7 S 74 DEG 51 MIN 48 SEC W ALG N LI OF LT 14 AND WLY EXT 113.39 FT N 14 DEG 54 MIN 16 SEC W 198.77 FT TO POB OR 8033 P 1302

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,391 83,766 177,116
Median Age: 30.05 37.04 38.02
Households: 2,646 32,884 71,908

Contact

Photograph of Listing Agent

Darina Ivanova

Levin Rinke Realty
Gulf Coast CMLS Member
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