920 E Gregory
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30753903 |
| Property Subtypes: |
Restaurant
|
| Status: |
Pending |
| Building Size (RSF): |
7,774 SF
|
| Gross Building Area: |
8,164 SF |
| Gross Land Area: |
1.12 Acres
|
| Sale Price: |
$2,995,000 |
| Unit Price: |
$385.26 PSF |
| Ceiling: |
9 ft. |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
7,774 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/23/2023 |
Overview / Comments
Phenomenal restaurant opportunity overlooking the Pensacola Bay and Bay Bridge. This is a landmark location at the north end of the Pensacola Bay Bridge with high traffic visibility on an unbelievable vista. Bring your concept and share the magic of this location with your patrons. Huge adjoining lot with shaded oak trees and ample parking. Easy access from Gulf Breeze and amongst other great restaurants along Gregory.
Real Estate taxes $11,593.18.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County |
| Tax ID/APN: |
000S009025007036 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Located Between: |
On east end of Gregory St just off the bridge |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
E. Gregory |
| Feet of Frontage: |
313 |
| Traffic/Vehicle Count: |
18,000 |
| Highway Access: |
Direct |
| Airports: |
Pensacola International Airport |
| Site Description: |
Elevated site with large shade trees and brick paver parking overlooking the bay |
| Area Description: |
FROM CITY OF PENSACOLA WS: Located in Florida’s panhandle, Pensacola is surrounded by 50-plus miles of coastline which includes the emerald-green Gulf of Mexico waters and crystal clear bay areas. This makes Pensacola the perfect combination of a relaxed beach town and bustling metropolitan center. The temperate, climate and a friendly community that is driven toward success present an unparalleled quality of life.
The city has a proud military heritage, thanks to the Naval Air Station. In addition to being the "Cradle of Naval Aviation," the Pensacola Bay Area is proud to call itself home to the renowned Blue Angels, officially known as the U.S. Navy Flight Demonstration Squadron. Welcoming family or friends for a visit is convenient with our local Pensacola International Airport which offers nonstop air service to nine major U.S. cities, over 1300 domestic flights, and 21 international flights via six major airlines. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
7,774 SF |
| Property Condition: |
Fair |
| Year Built: |
1978 |
| Roof Type: |
Hip |
| Construction/Siding: |
Stucco |
| Exterior Description: |
Stucco finished outer walls |
| Parking Type: |
Surface |
| Parking Description: |
Marked surface spots |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Interior Description: |
Demised restaurant floorplan with a main dining area, bar and lounge area, private banquet room and expansive kitchen area. |
| Zoning Description: |
Commercial |
| Lot Frontage: |
313 |
| Lot Depth: |
156 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Electric Lines, Ingress/Egress, Utilities |
| Land Ownership: |
Fee simple |
| Legal Description: |
E 16 FT OF LT 7 & LOTS 8 9 10 BLK 36 NEW CITY TRACT ALSO W 1/2 OF VACATED 15TH AVE R/W BETWEEN S R/W LI OF HEINBERG... |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,856 |
39,244 |
115,126 |
| Median Age: |
41.14 |
41.3 |
38.6 |
| Households: |
2,777 |
16,826 |
44,814 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|
