1917 Cervantes St
2,564 SF Retail Building Pensacola, FL 32501 $325,000 ($126.76/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
$126.76
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
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
PROPERTY TAXES
| Parcel Number | 00-0S-00-9060-009-125 | Improvements Assessment | $57,397 |
| Land Assessment | $63,160 | Total Assessment | $120,557 |
