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10,413 sqft Commercial Building Pensacola, FL 2401 W Cervantes St 10,413 SF 100% Leased Retail Building Pensacola, FL 32505 $1,250,958 CAD ($120.13 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 10,413 SF Commercial Building - L-shaped multi-suite structure with separate utility meters, ideal for multi-tenant commercial operations.
  • Owner Financing Available! - Attractive terms with low monthly payments and no prepayment penalty-ideal for investors seeking leverage
  • Income & Value-Add Potential - Projected NOI of $128,427/yr upon stabilization with multi-tenant leasing strategy.
  • Prime Pensacola Frontage - Located directly on W Cervantes St with approx. 16,700 vehicles/day, providing strong visibility and customer exposure.
  • Versatile C-3 Zoning - Supports a wide range of commercial and retail uses including professional services, retail, medical, office, flex, and more.
  • In an Opportunity Zone - Potential access to federal tax incentives for redevelopment and investment advantage.

EXECUTIVE SUMMARY

Address: 2401 W Cervantes St Pensacola, FL 32505
County: Escambia County
Zoning: C-3
Parcel ID: 00-0S-00-9060-005-184 | 00-0S-00-9060-013-184
Building size: 10,413 sqft total
Land size (acre): 0.26
Layout: 1 building (L-shaped)
Sewer: Connected
Water: City Water | Separate Meters
Electric: Connected | Separate Meters
Road Access: Yes
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $10,702.25/month
Potential NOI: $128,427
Asking price: $899,000 with OWNER FINANCING option
Down Payment: $449,000 (due at closing)
Note: $450,000
Payments to Seller: $2,415.7/$28,988.4
Interest Rate: 5% with a 10-year balloon
Amortization period: 30 Years
No prepayment Penalty

Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,413 SF
Year Built
1972
Price
$1,250,958 CAD
Price Per SF
$120.13 CAD
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Zoning
C-3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-0S-00-9060-013-184
Land Assessment
$47,276 CAD
Improvements Assessment
$71,577 CAD
Total Assessment
$118,854 CAD
  • Listing ID: 39031880

  • Date on Market: 2026-01-09

  • Last Updated:

  • Address: 2401 W Cervantes St, Pensacola, FL 32505

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