3708 W Navy Blvd
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3708 W Navy Blvd
2,200 SF Retail Building Pensacola, FL 32507 $499,000 ($227/SF)
Investment Highlights
- Prime investment opportunity
Executive Summary
This turnkey restaurant is a prime investment opportunity is located in the gateway to Downtown Pensacola.? The former Chet’s seafood is a fully operational restaurant, located in the Navy Blvd Commercial Area.? This area varies from restaurants, both sit down and fast food, to Higher-End Antique shops.? The traffic includes Naval and Downtown workers and shoppers.? There has been a historical lunch and dinner crowd over the 38 years that Chet’s has been in operation at this location.?
Located on a four lane highway with unlimited turning access, the building is highly visible and accessible.? The parking lot is paved with asphalt.? There are two parcels available.? One parcel located on the west side of the Paved area borders on Navy Blvd and Shadow Lane.? It is open level land which would allow for expansion.? This site can also be redeveloped with 240’ of frontage on Navy Blvd.?
Engineers estimate a cost of $35,000 to connect to sewer.?
Located on a four lane highway with unlimited turning access, the building is highly visible and accessible.? The parking lot is paved with asphalt.? There are two parcels available.? One parcel located on the west side of the Paved area borders on Navy Blvd and Shadow Lane.? It is open level land which would allow for expansion.? This site can also be redeveloped with 240’ of frontage on Navy Blvd.?
Engineers estimate a cost of $35,000 to connect to sewer.?
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
C
Year Built
1949
Price
$499,000
Price Per SF
$227
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.41 AC
Zoning
COM
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
51 FT on Navy Blvd
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 38-2S-30-1000-004-002 | Improvements Assessment | $76,148 |
| Land Assessment | $51,300 | Total Assessment | $127,448 |
PROPERTY TAXES
Parcel Number
38-2S-30-1000-004-002
Land Assessment
$51,300
Improvements Assessment
$76,148
Total Assessment
$127,448
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Chris Bouchard -
SNS Realty Inc.
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3708 W Navy Blvd
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