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2,760 sqft Building | Pensacola, FL 32506 1603 N 58th Ave 2,760 SF 100% Leased Office Building Pensacola, FL 32506 $353,048 CAD ($127.92 CAD/SF)
INVESTMENT HIGHLIGHTS
- 2,760 SF Commercial Property – Two-building setup on a 0.49-acre lot with flexible interior layout for various business uses.
- HDMU Zoning – High Density Mixed Use allows broad development flexibility for retail, office, restaurant, medical, or multifamily.
- Turnkey with Stable Tenancy – Currently occupied, offering immediate income and smooth transition for investors or owner-users.
- Prime Pensacola Location – Situated in a quiet neighborhood in Escambia County with strong local accessibility and visibility.
- Income-Producing Asset – Current NOI: $21,217/year | Projected NOI: $49,869/year with increased occupancy or rent adjustments.
- Fully Connected – Water, sewer, and electric on site with paved road access and ample parking.
EXECUTIVE SUMMARY
Address: 1603 N 58th Ave Pensacola, FL 32506
County: Escambia County
Zoning: HDMU (High Density Mixed Use)
Parcel ID: 14-2S-30-6101-001-066
Building size: 2,760 sqft
Land size (sqft): 21,318
Land size (acre): 0.49
Layout: 2 buildings
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Retail Store/Plaza, Office Building, General Commercial buildings, Restaurant/Cafe/QSR, Medical Office Building, Single Family, Mobile Home, Multi Family, Convenience Store, Bank/Financial Building, etc.
Investment Highlights
Current Gross Rent: $2,000/month
Current NOI: $21,217.75
Potential Gross Rent: $3,220.50/month
Potential NOI: $49,869
Rentable Sqft: 2,700
County: Escambia County
Zoning: HDMU (High Density Mixed Use)
Parcel ID: 14-2S-30-6101-001-066
Building size: 2,760 sqft
Land size (sqft): 21,318
Land size (acre): 0.49
Layout: 2 buildings
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Retail Store/Plaza, Office Building, General Commercial buildings, Restaurant/Cafe/QSR, Medical Office Building, Single Family, Mobile Home, Multi Family, Convenience Store, Bank/Financial Building, etc.
Investment Highlights
Current Gross Rent: $2,000/month
Current NOI: $21,217.75
Potential Gross Rent: $3,220.50/month
Potential NOI: $49,869
Rentable Sqft: 2,700
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,760 SF
Building Class
C
Year Built
1977
Price
$353,048 CAD
Price Per SF
$127.92 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,760 SF
Building FAR
0.13
Lot Size
0.49 AC
Zoning
HDMU - Commercial
Parking
4 Spaces (1.62 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 14-2S-30-6101-001-066 | Improvements Assessment | $96,173 CAD |
| Land Assessment | $34,313 CAD | Total Assessment | $130,485 CAD |
PROPERTY TAXES
Parcel Number
14-2S-30-6101-001-066
Land Assessment
$34,313 CAD
Improvements Assessment
$96,173 CAD
Total Assessment
$130,485 CAD
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2,760 sqft Building | Pensacola, FL 32506 | 1603 N 58th Ave
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