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224 E Garden St - Carlton Palms

636 - 916 SF Office/Retail Condo Units Offered at $305,000 - $440,000 Per Unit in Pensacola, FL 32502

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Investment Highlights

Heavy Daytime Foot Traffic
Modern Finishes
Water, Power, and Trash Included

Large Parking Lot
Higher Income Demographic
Indoor and Outdoor Pool Included

Executive Summary

Suite 5 is a Class-A Office Space features nice new updates including porcelain tile flooring and updated looks. Suite can be leased fully furnished or empty. This suite features a front guest area, small coffee nook, two private office spaces, conference room, and a break/printer room. Suite features a back entrance, side, and front entrance. With Power, Water, Property Insurance, Security, and Parking Lot Maintenance, are all included in the HOA monthly fee. Suite 6 is a separate 636 sq. ft. space that features it's separate entrance front, plumbing, updated HVAC and duct work, new tile flooring, open sealing design, back-lit outdoor signage, shared restrooms, indoor heated pool and outdoor pool. This separate 636 sq. ft. space is permitted for bar, coffee, or drink shop use. With Power, Water, Property Insurance, Security, and Parking Lot Maintenance are all included in the HOA monthly fee.

Property Facts

Price	$305,000 - $440,000	Building Class	C
Unit Size	636 - 916 SF	Floors	4
No. Units	2	Typical Floor Size	37,796 SF
Total Building Size	171,804 SF	Year Built	1973
Property Type	Multifamily	Lot Size	4.01 AC
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Parking Ratio	1.46/1,000 SF

Price	$305,000 - $440,000
Unit Size	636 - 916 SF
No. Units	2
Total Building Size	171,804 SF
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Building Class	C
Floors	4
Typical Floor Size	37,796 SF
Year Built	1973
Lot Size	4.01 AC
Parking Ratio	1.46/1,000 SF

2 Units Available

Unit 5

Unit Size	916 SF	Sale Type	Investment or Owner User
Price	$440,000	Sale Conditions	Lease Option
Price Per SF	$480.35	APN/Parcel ID	000S008006550001
Condo Use	Office/Retail

Unit Size	916 SF
Price	$440,000
Price Per SF	$480.35
Condo Use	Office/Retail
Sale Type	Investment or Owner User
Sale Conditions	Lease Option
APN/Parcel ID	000S008006550001

Description

Modern Office Condo with Indoor and Outdoor Pool, 2 sets of restrooms, ample parking, all utilities included, furnished if desired.
Suite 5 is a Class-A Office Space features nice new updates including porcelain tile flooring and updated looks. Suite can be leased fully furnished or empty. This suite features a front guest area, small coffee nook, two private office spaces, conference room, and a break/printer room. Suite features a back entrance, side, and front entrance. With Power, Water, Property Insurance, Security, Parking Lot Maintenance, and Property Taxes are all included in the HOA monthly fee.
Suite 6 is a separate 636 sq. ft. space that features it's separate entrance front, plumbing, updated HVAC and duct work, new tile flooring, open sealing design, back-lit outdoor signage, shared restrooms, indoor heated pool and outdoor pool. This separate 636 sq. ft. space is permitted for bar, coffee, or drink shop use. With Power, Water, Property Insurance, Security, Parking Lot Maintenance, and Property Taxes are all included in the HOA monthly fee.

Sale Notes

Prime Downtown Office/Retail Investment Property.

Unit 6

Unit Size	636 SF	Sale Type	Investment or Owner User
Price	$305,000	No. Parking Spaces	50
Price Per SF	$479.56	Sale Conditions	Lease Option
Condo Use	Office/Retail

Unit Size	636 SF
Price	$305,000
Price Per SF	$479.56
Condo Use	Office/Retail
Sale Type	Investment or Owner User
No. Parking Spaces	50
Sale Conditions	Lease Option

Description

Modern Office/Retail Space that can be used for a coffee, bakery, donut, or ice cream shop. This space features a modern open ceiling design with exposed duct work, modern lighting, full glass door, and porcelain dark gray tile. Use is subject to HOA and city approval.
Suite 5 is a Class-A Office Space features nice new updates including porcelain tile flooring and updated looks. Suite can be leased fully furnished or empty. This suite features a front guest area, small coffee nook, two private office spaces, conference room, and a break/printer room. Suite features a back entrance, side, and front entrance. With Power, Water, Property Insurance, Security, and Parking Lot Maintenance, are all included in the HOA monthly fee.
Suite 6 is a separate 636 sq. ft. space that features it's separate entrance front, plumbing, updated HVAC and duct work, new tile flooring, open sealing design, back-lit outdoor signage, shared restrooms, indoor heated pool and outdoor pool. This separate 636 sq. ft. space is permitted for bar, coffee, or drink shop use. With Power, Water, Property Insurance, Security, and Parking Lot Maintenance are all included in the HOA monthly fee.