High Traffic Commercial Location-Redevelopment Opportunity

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 30822455
Property Subtypes: Medical, Office Building
Building Size (RSF): 1,110 SF
Gross Building Area: See Agent
Gross Land Area: 0.90 Acres
Sale Price: $600,000
Unit Price: $540.54 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,110 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/28/2024

Overview / Comments

Redevelopment Opportunity - Four parcels and all are zoned Commercial. One freestanding building, parking lot, and three surrounding vacant commercial land lots. Fantastic central location with only a five min drive to University of West Florida or West Florida Hospital. Only 0.5 mile away from the Baptist Medical Park - Nine Mile Campus and Woodland Medical Specialists - Nine Mile Campus. Area shopping includes Target, Publix, Kohl's, Walmart, GNC, The UPS Store. Area fast food includes Krispy Kreme, Starbucks, Crumbl Cookie, Sonic, Panera Bread, Chick Fil A, Panda Express, Chipotle, and many more.

Building site is visible from E Nine Mile Rd and located at one of the highest points on E Nine Mile Rd. No longer being used as a dental lab. Many potential uses such as medical office, retail, industrial space, or other investment. The business and personal equipment is not included in the sale.

Adjacent Vacant Commercial lot is included in the sale. Two properties behind the free standing building allow for two separate entry points or drive thru capability to Mabel St. Lots are wooded.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 141S301101005001
Zoning: COM
Property Located Between: University Pkwy and Copter Rd
Property Visibility: Excellent
Highway Access: 3 miles to Interstate 10
Airports: Pensacola
Site Description: Excellent location near University of West Florida campus, on one of the highest parts of E Nine Mile Rd! This professional office building most recently used as a dental lab. The original building structure is made of cinderblock. There are two separate restrooms. In the back of the building is a good storage area. This sale includes the vacant land situated on the corner lot and an access lot behind the structure as well as another vacant lot that could be utilized as a second entry and exit access. These multiple vacant lots allow for the property to be repurposed possibly for additional parking or restaurant with drive thru capability.
Area Description: Fantastic central location with only a five min drive to University of West Florida or West Florida Hospital. Only 0.5 mile away from the Baptist Medical Park - Nine Mile Campus and Woodland Medical Specialists - Nine Mile Campus. Area shopping includes Target, Publix, Kohl's, Walmart, GNC, The UPS Store. Area fast food includes Krispy Kreme, Starbucks, Crumbl Cookie, Sonic, Panera Bread, Chick Fil A, Panda Express, Chipotle, and many more.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,110 SF
Year Built: 1955
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Propane
Zoning Description: Vacant Commercial
Lot Frontage: 170
Lot Depth: 297
Legal Description: Multiple Parcels: 1-BEG AT NW COR OF LT 1 S TO S R/W LI OF N 9 MILE RD E ALG R/W 185 FT TO POB S AT RIGHT ANGLES 150 FT E AT RIGHT ANGLES 85 FT N AT RIGHT ANGLES TO 9 MILE RD WLY 85 FT TO POB OR 1846 P 354 OR 3963 P 972 2-BEG AT NW COR OF LT 1 S TO S R/W LI OF NINE MILE RD E 270 FT TO POB CONT E 80 FT S AT RT ANG 150 FT W AT RT ANG 80 FT N AT RT ANG 150 FT TO POB OR 2203 P 28 OR 3963 P 973 3-BEG AT NW COR OF LT 1 S TO S R/W LI OF NINE MILE RD (US ALT HWY 90) E ALG SD R/ W LI 185 FT S AT RT ANG 150 FT FOR POB CONT S 75 FT E AT RT ANG 15 FT S AT RT ANG 25 FT E AT RT ANG 50 FT N AT RT ANG 100 FT W AT RT ANG 65 FT TO POB OR 2203 P 28 OR 3963 P 973, and 4-BEG AT INTER OF W LI OF LT 1 AND S R/W LI OF U S HWY ALT 90 E ALG S R/W LI 350 FT S AT RT ANG 250 FT FOR POB CONT S 50 FT W 150 FT N 50 FT E 150 FT TO POB OR 2203 P 28 OR 3963 P 973

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,184 51,142 111,233
Median Age: 34.62 36.68 38.58
Households: 2,731 21,820 44,866

Contact

Photograph of Listing Agent

Amber Green

Berkshire Hathaway Gulf Coast CMLS Member
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