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2901 W Michigan Ave
Pensacola, FL 32526
Land For Sale
·
0.51 AC
Executive Summary
Property Highlights
Two Buildings for the Price of One: The site includes a 1,096 sq. ft. building originally constructed in 1939, alongside a second 1,124 sq. ft. single-family structure built in 1965.
Strategic Zoning: Located in a High Density Mixed-Use (HDMU) zone, this property is ideal for a live-work setup, a small business office, or a multi-unit rental investment.
Prime Location: Situated on a generous 0.50-acre lot with easy access to major Pensacola thoroughfares, providing excellent visibility for business use or privacy for residents.
Flexible Layouts: * 2901 Michigan Ave: Features a classic wood-frame structure with a gable roof, previously utilized for store/office/residential use.
5921 Chicago Ave: A brick-veneer single-family home featuring a durable metal roof and a spacious 252 sq. ft. utility area.
Investment Potential
Whether you are looking to renovate and flip, establish a home-based business, or build a rental portfolio, this property offers the "bones" and the land to make it happen. With a combined total assessment value on the rise, now is the time to secure this versatile piece of Pensacola Heights.
Two Buildings for the Price of One: The site includes a 1,096 sq. ft. building originally constructed in 1939, alongside a second 1,124 sq. ft. single-family structure built in 1965.
Strategic Zoning: Located in a High Density Mixed-Use (HDMU) zone, this property is ideal for a live-work setup, a small business office, or a multi-unit rental investment.
Prime Location: Situated on a generous 0.50-acre lot with easy access to major Pensacola thoroughfares, providing excellent visibility for business use or privacy for residents.
Flexible Layouts: * 2901 Michigan Ave: Features a classic wood-frame structure with a gable roof, previously utilized for store/office/residential use.
5921 Chicago Ave: A brick-veneer single-family home featuring a durable metal roof and a spacious 252 sq. ft. utility area.
Investment Potential
Whether you are looking to renovate and flip, establish a home-based business, or build a rental portfolio, this property offers the "bones" and the land to make it happen. With a combined total assessment value on the rise, now is the time to secure this versatile piece of Pensacola Heights.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Property Type | Land | ||
| Zoning | R-5 | ||
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.51 AC |
| Zoning | R-5 |
1 Lot Available
Lot
| Price | $625,761 CAD | Lot Size | 0.51 AC |
| Price Per AC | $1,226,982.40 CAD |
| Price | $625,761 CAD |
| Price Per AC | $1,226,982.40 CAD |
| Lot Size | 0.51 AC |
This half-acre lot features two distinct buildings, offering a blend of residential and commercial possibilities under its HDMU (Heavy Duty Mixed Use) zoning.
Property Taxes
| Parcel Number | 42-1S-30-2101-007-039 | Improvements Assessment | $68,885 CAD |
| Land Assessment | $104,473 CAD | Total Assessment | $173,358 CAD |
Property Taxes
Parcel Number
42-1S-30-2101-007-039
Land Assessment
$104,473 CAD
Improvements Assessment
$68,885 CAD
Total Assessment
$173,358 CAD
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