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789 N Navy Blvd
Pensacola, FL 32507
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding retail building with 45-linear feet of frontage on Navy Blvd.
- Nearby amenities include dining, fitness center, auto repair shop, and hotel.
- High visibility property: passed by 50,700 daily drivers.
EXECUTIVE SUMMARY
This building, currently occupied by A-1 Pawn Shop on Navy Boulevard, is roughly 2,201 square feet on an approximately .42 acre commercially (COM) zoned parcel with an income producing billboard currently paying $300 monthly on a month-to-month lease. Located in an Opportunity Zone. The owner will consider financing. Roof will need to be replaced. Small building on-site not included in square footage provides additional storage. This site is located near the intersection of Highway 98, Corry Station and multiple national and regional QSR’s/retail. Located .34 miles from a Walmart Supercenter, other businesses in the immediate vicinity include Popeyes, Hardee’s, Dunkin, Jimmy John’s, Shrimp Basket, Battery Source, Discount Mufflers & Brakes, O’Reilly Auto Parts, Green Dragon Cannabis, American Lube Fast, and more. The average daily traffic count is 21,500 vehicles.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,604 SF
Building Class
C
Year Built
1954
Price
$290,512 CAD
Price Per SF
$111.56 CAD
Percent Leased
15%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
COM - Commercial
Parking
5 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
45’ on Navy Blvd
AMENITIES
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 52-2S-30-2000-001-015 | Improvements Assessment | $125,885 CAD |
| Land Assessment | $128,950 CAD | Total Assessment | $254,835 CAD |
PROPERTY TAXES
Parcel Number
52-2S-30-2000-001-015
Land Assessment
$128,950 CAD
Improvements Assessment
$125,885 CAD
Total Assessment
$254,835 CAD
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