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304 W Cervantes St
Pensacola, FL 32501
Office Property For Sale


Investment Highlights
- Major renovation in 2000 and updated in 2019
- Corner lot location with easy ingress
Executive Summary
Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. would make a perfect location for short-term rentals, or office space. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can also be made into a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. This property had a major renovation including a 1000sqft addition on built-up slab, and an update in 2018, including new roof. Corner lot location with easy ingress/egress with 2 parking areas, 2 entrances (1 off of Cervantes St, and 1 off of Barcelona St), and lots of possibilities!
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,599 SF
Building Class
C
Year Built
1972
Price
$617,743 CAD
Price Per SF
$386.33 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,599 SF
Building FAR
0.18
Lot Size
0.21 AC
Zoning
PR2 - Daycare, light office business
Parking
4 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
Property Taxes
| Parcel Number | 00-0S-00-9010-200-038 | Improvements Assessment | $151,042 CAD |
| Land Assessment | $69,011 CAD | Total Assessment | $220,053 CAD |
Property Taxes
Parcel Number
00-0S-00-9010-200-038
Land Assessment
$69,011 CAD
Improvements Assessment
$151,042 CAD
Total Assessment
$220,053 CAD
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