5725 N Palafox St | 5725 N Old Palafox Hwy
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5725 N Palafox St 5725 N Old Palafox Hwy
3,841 SF Retail Building Pensacola, FL 32503 $205,000 ($53/SF)
Investment Highlights
- 3,841 SF of mixed-use space
- Prime for renovation or redevelopment
- Combination of residential and commercial use
- Situated on approximately half an acre
Executive Summary
5725 N Old Palafox is a mixed-use asset featuring 3,841 square feet of space. This unique property combines a two-story apartment and shop space, offering a rare opportunity for investors and developers alike.
Originally constructed in 1940 and recently housing Adam's Pawn Shop, this property is ideal for those looking to invest at a low entry point with significant upside potential. Whether the goal is renovation for rental or resale, or complete redevelopment, 5725 N Old Palafox presents a canvas for various strategic approaches.
The current owner is highly motivated, presenting an attractive opportunity for immediate acquisition and subsequent value-add strategies.
Originally constructed in 1940 and recently housing Adam's Pawn Shop, this property is ideal for those looking to invest at a low entry point with significant upside potential. Whether the goal is renovation for rental or resale, or complete redevelopment, 5725 N Old Palafox presents a canvas for various strategic approaches.
The current owner is highly motivated, presenting an attractive opportunity for immediate acquisition and subsequent value-add strategies.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,841 SF
Building Class
C
Year Built
1996
Price
$205,000
Price Per SF
$53
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.48 AC
Zoning
C-1
Frontage
96 FT on Old Palafox Hwy
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 47-1S-30-1101-001-060 | Improvements Assessment | $100,332 (2023) |
Land Assessment | $364,161 (2023) | Total Assessment | $464,493 (2023) |
PROPERTY TAXES
Parcel Number
47-1S-30-1101-001-060
Land Assessment
$364,161 (2023)
Improvements Assessment
$100,332 (2023)
Total Assessment
$464,493 (2023)
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5725 N Palafox St | 5725 N Old Palafox Hwy
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