Restaurant For Sale with Equipment

Retail-Commercial for Lease
Catylist Listing ID: 30351413
Property Subtypes: Restaurant, Retail-Pad
Contiguous Space: 4,000 - 6,500 SF
Building Size (RSF): 6,500 SF
Gross Land Area: 0.59 Acres
Lease Rate: $5,000 (Monthly)
$9.23 PSF (Annual)
Lease Types: NNN
Building Name: Hong Kong Restaurant
Last Updated: 12/15/2018

Overview / Comments

Existing operational restaurant building available for sale or for lease. Lease rate is $5,000 NNN. Equipment will go with lease of building.

Great location - close to Corry Station and Pensacola NAS! Lots of parking and great visibility directly across from McDonalds ; and just minutes from downtown Pensacola.

There is adjacent property available that could be sold or leased along with this property. (4,500 sq.ft. bldg. on 0.17 acres and vacant land of 0.19 acres ). Call agent for details.

Expand All Available Space

Suite: 1 6,500 SF $5,000 (Monthly) NNN
Level/Floor: 1
Space Available: 6,500 SF
Minimum Divisible: 4,000 SF
Lease Rate: $5,000 (Monthly)
$15 PSF (Annual)
Lease Type: NNN
Space Description: This local Pensacola restaurant has been in operation since the 1960's. It has been the Hong Kong Restaurant for over 39 years. It was one of the original 5 Chinese restaurants in town in 1978.
The owners are finally retiring, so this opens up this great property for new management for either oriental cuisine or a western themed restaurant or something new. The owners are flexible and will listen to creative uses for the property, including sub-dividing it up if necessary.

It is currently set up as a full service & buffet restaurant. It is located just outside of Corry Station and just 5 minutes from Pensacola NAS; and 5 minutes from downtown Pensacola.
Space Subcategory: Free-Standing Store, Mixed Use
Date Available: 12/1/2018
Lease Term: 24 Months
Space Type: Relet
Kitchen Yes

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 372S302006000010
Zoning: COM
Retail Clientele: Family, Business, Tourist
Property Located Between: Navy Blvd and Old Corry Field Road
Property Visibility: Excellent
Largest Nearby Street: Navy Blvd.
Feet of Frontage: 210
Airports: Pensacola International Airport
Site Description: paved asphalt parking lot ;
Area Description: business district in West Pensacola close to the Naval Air Station and Corry Station.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,500 SF
Property Condition: Good
Year Built: 1969
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Interior Description: ORIENTAL DECOR - FOR CHINESE RESTAURANT
Zoning Description: COM
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,086 63,321 130,509
Median Age: 30.14 36.93 36.26
Households: 4,295 24,784 48,670

Contact

Photograph of Listing Agent

David P Wu

Alliance Real Estate Gulf Coast CMLS Member
Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
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