1750 N PALAFOX ST Active

Pensacola,FL 32501

$ 1990000

- Bed

0 Bath

63002 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 63,002 sqft

Price per Sqft $31

MLS Listing ID OM680594

HOA Y/N No

Originating Board Stellar MLS

Year Built 1954

Annual Tax Amount $7,361

Lot Size 1.320 Acres

Acres 1.32

Property Description

PRICE REDUCTION. Architectural plans for this building are available upon request. With 54+ million dollars of government funding being injected into Pensacola, this investment has HUGE upside potential with little downside risk. After a full renovation, this property is projected to have an impressive cap rate that will make this a vessel for financial freedom.

If this information is not enough to catch your attention, then you will want to see the expected equity increase following the rendition of the subject property. Non-represented investors are more than welcome and will be able to see the property upon request, within 24-48 hours. Interior is messy but in-tact.

Location

State FL

County Escambia

Zoning C-3

Interior

Cooling Central Air,None

Building

Foundation Slab

Lot Size Range 1 to less than 2

Structure Type Brick

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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