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1917 Cervantes St

2,564 SF Retail Building Pensacola, FL 32501 $325,000 ($127/SF)

Investment Highlights

  • This prime retail development is located on the corner of W Cervantes Street and North N Street in Pensacola
  • The property occupies half of the frontage of busy Cervantes St. (150 feet)
  • With 0.28 acres this could be a new restaurant, retail or even office space
  • Also known as Hwy 90, this former liquor store is catty corner from Circle K and right next door to Walgreens

Executive Summary

This former liquor store is located in a busy sector near downtown Pensacola. It is highly visible from all directions. This area is located in the of the Urban Design Overlay District of the City of Pensacola's Community Redevelopment Area.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,564 SF
Building Class
C
Year Built
1964
Price
$325,000
Price Per SF
$127
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
C1 - The C-1 zoning district is intended to provide a transitional buffer between mixed-use neighborhood commercial areas & more intense commercial zoning
Parking
25 Spaces (9.75 Spaces per 1,000 SF Leased)
Frontage
150 FT on Cervantes St

Amenities

  • Bus Line
  • Corner Lot
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,564 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,564 SF Retail - Now

1st Floor

Size
2,564 SF
Space Use
Retail
Position
-
Available
Now

Nearby Major Retailers

Regions Bank
United Rentals-equipment & Tool Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-0S-00-9060-009-125
Land Assessment
$50,528
Improvements Assessment
$56,919
Total Assessment
$107,447
  • Listing ID: 30672017

  • Date on Market: 1/16/2024

  • Last Updated:

  • Address: 1917 Cervantes St, Pensacola, FL 32501

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