2635 Creighton Rd

Retail-Commercial for Sale
Catylist Listing ID: 30538033
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 2,936 SF
Gross Land Area: 0.36 Acres
Sale Price: $449,000
Unit Price: $152.93 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Barber Shop / Sewing Shop
Usable Size (USF): 2,936 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2020

Overview / Comments

Price reduced from $595,000...!!!

Back on the market-Next door to NEW Suntrust Bank!!!

Stand-alone building fronts Creighton Road across from Walmart. High visibility with over 26,000 vehicles passing daily.

Traffic Light directly in front of property.

Billboard on property generates $4,800 annually.

New metal roof in 2004.

Great location for most commercial businesses. Easy access-traffic light in front of property. Paved and striped ample parking.

There are cross easements to drive-ways and parking with SunTrust Bank next door.

All three current tenants have provisions in their leases allowing the landlord to terminate should he sell the property..

Ask about deed restrictions.

This is good candidate for either vacate and completely rehab so you can get market rents or demo and build new structure.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: City of Pensacola
Tax ID/APN: 101S293101040004
Zoning: C-1
Retail Clientele: General, Family, Business
Property Located Between: Fronts Creighton Rd between 9th Ave and Tippin
Property Visibility: Excellent
Largest Nearby Street: 9th Ave
Feet of Frontage: 115
Traffic/Vehicle Count: 19,120
Highway Access: Highway frontage on Creighton Road.
Airports: Pensacola International Airport
Site Description: Property zoned C-1, Excellent visibility and traffic count. Located on a busy four lane thoroughfare between Davis Hwy and 9th Ave, across street from Walmart Shopping Center.
Area Description: Commercial district with national chain stores in the area.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,936 SF
Property Condition: Fair
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block, Wood Frame
Exterior Description: Concrete Block/brick on front
Total Parking Spaces: 16
Parking Ratio: 6.4 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved and striped.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Will require renovation. Currently building is divided into a barber shop and sewing shop.
Zoning Description: C1- Allows for most all commercial uses
Lot Frontage: 115'
Lot Depth: 136'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Cross easement to property next door.
Land Ownership: Fee Simple
Legal Description: In file.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,603 57,536 135,007
Median Age: 38.51 38.12 37.94
Households: 4,340 24,339 54,927

Contact

Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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