12,300 SF-Retail/WH | 2520 W Cervantes St
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12,300 SF-Retail/WH 2520 W Cervantes St
5,803 SF Retail Building Pensacola, FL 32505 £528,495 (£91/SF)
Investment Highlights
- 3 Current Tenants (month to month leases)
- 71' x 152' vacant lot
- Large parking area
Executive Summary
Corner of West Cervantes and North 'T' Street.
2 abutting buildings 6,594 SF + 5,706 SF = 12,300 SF
There are 3 tenants....all on Month to Month leases (can be canceled with 30 days notice). All rents are way less than market.
Large parking lot (50 parking spaces +-) (Plus a 71' x 152' vacant lot not being used).
2 abutting buildings 6,594 SF + 5,706 SF = 12,300 SF
There are 3 tenants....all on Month to Month leases (can be canceled with 30 days notice). All rents are way less than market.
Large parking lot (50 parking spaces +-) (Plus a 71' x 152' vacant lot not being used).
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,803 SF
Building Class
C
Year Built/Renovated
1939/1970
Price
£528,495
Price Per SF
£91
Tenancy
Multiple
Number of Floors
1
Building FAR
0.13
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
C3
Frontage
Amenities
- Bus Route
- Freeway Visibility
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 00-0S-00-9060-001-196 | Improvements Assessment | £111,895 (2023) |
| Land Assessment | £20,820 (2023) | Total Assessment | £132,715 (2023) |
PROPERTY TAXES
Parcel Number
00-0S-00-9060-001-196
Land Assessment
£20,820 (2023)
Improvements Assessment
£111,895 (2023)
Total Assessment
£132,715 (2023)
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12,300 SF-Retail/WH | 2520 W Cervantes St
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