Major Reduction - Stand alone retail / 5 Buildings/Includes Moving Van

Retail-Commercial for Sale
Catylist Listing ID: 30447819
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 17,594 SF
Gross Land Area: 0.11 - 1.22 Acres
Sale Price: $395,000
Unit Price: $22.45 PSF
Property Use Type: Vacant/Owner-User
Building Name: Carroll's Furniture
Usable Size (USF): 17,594 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/3/2021

Overview / Comments

***Major price reduction ***
4 Parcels
5 Buildings
Cube Van - goes with sale of property (see photos attached)
Additional acreage ideal to expand parking
All buildings have been well maintained to include recently:
New paint
New roof -1 yr old on main building - 4 years old on 2nd building
New electric
New carpet
Entire perimeter is fenced
This landmark complex is ready for a turn-key business to step in whether to continue the existing business, or re-purpose for an alternate business.
The main building boast 12,843 SF. There are 2 vacant lots of over a 1/3 (.39) acres that can be used to expand parking if so desired.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 172S301300110042
Zoning: HC/LI
Retail Clientele: General, Family
Property Located Between: West Hernandez and West Jordan Street
Property Visibility: Good
Largest Nearby Street: Mobile Hwy
Feet of Frontage: 360
Traffic/Vehicle Count: 2,400
Highway Access: Mobile Hwy
Airports: Pensacola International Airport
Site Description: Buildings and property have been well maintained throughout the years - Property was passed down through family.
Area Description: Located in older established business district of west Pensacola. Buildings and property have been well maintained.
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 2
Typical SF / Floor: 17,594 SF
Property Condition: Good
Year Built: 1973
Year Renovated: 2015
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Concrete block covered with vinyl
Total Parking Spaces: 30
Parking Ratio: 0.8 (per 1000 SF)
Parking Type: Surface
Parking Description: Current parking offers approximately 15 spaces - However, with 2 vacant lots totaling over 1/3 acre available, this could add a considerable number of spaces (possibly 25-30 spaces total)
Sprinklers: None
Heat Type: Electricity
Heat Source: Wall Units
Air Conditioning: Window Unit, Other
Internet Access: Cable, DSL
Interior Description: Vast open space for showroom or operation purposes. Could easily be converted to office space with a cubical farm. - walls are paneling and drywall (some block)
Zoning Description: HC/LI - Heavy Commercial / Light Industrial. This is a desired zoning which offers a variety of business options.
Lot Frontage: 360
Lot Depth: 210
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities
Easements Description: Standard utility easements
Land Ownership: Owned
Legal Description: Lengthy on file

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,975 81,469 150,308
Median Age: 39.96 36.22 38.09
Households: 4,194 31,061 60,533


Photograph of Listing Agent

Glen D Fielder

EXIT Realty NFI - Pensacola Gulf Coast CMLS Member
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