$ 1,990,000
1750 N PALAFOX ST Pensacola, FL 32501
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$ 1,990,000
Est. payment | /mo
63,002 SqFt
$ 1,990,000
Est. payment | /mo
63,002 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.
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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Listed by ENGEL & VOLKERS OCALA
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