Skip To Content
    Return to Previous Page

    2450 S Hwy 29

    Pensacola, FL 32533
    • $599,900
    • STATUS: Active
    • ON SITE: 92 days
    • MLS #: 576275
    UPDATED: 81 min ago
    $599,900
    • 0
      BEDS
    • 0.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Built in 2006, this high visibility 4,800 square foot office space is situated on a corner where Highway 29 merges with Palafox Street. The property is adjacent to Advance Auto Parts. DR Horton occupies the entire building and will be moving this year. The building is divided into three spaces of 1,200 square feet, 1,200 square feet and 2,400 square feet. This is a great opportunity for a user or investor searching for a prime location. Currently three spaces occupied by owner, with a projected income of $13/psf NNN, equating to a cap rate of 9.57%.

    Monthly Payment Calculator



    © 2020 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2020-10-31T07:42:01.42.
    www.gulfshoresrealestatesearch.com/homes/108376560
    Print Image

    2450 S Hwy 29 Pensacola, FL 32533

    • Price: $599,900
    • Status: Active
    • Updated: 81 min ago
    • MLS #: 576275
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.65
    Acres
    Neighborhood:
    Pensacola
    County:
    Escambia
    Area:
    Pensacola
    Property Description
    Built in 2006, this high visibility 4,800 square foot office space is situated on a corner where Highway 29 merges with Palafox Street. The property is adjacent to Advance Auto Parts. DR Horton occupies the entire building and will be moving this year. The building is divided into three spaces of 1,200 square feet, 1,200 square feet and 2,400 square feet. This is a great opportunity for a user or investor searching for a prime location. Currently three spaces occupied by owner, with a projected income of $13/psf NNN, equating to a cap rate of 9.57%.
    Exterior Features

    Lot Depth 154 Lot Frontage 362

    Property Features

    Commercial Property Type Offic Special Sale Type N/A Use Type BankCall CenterFranchiseLiquorMedical/DentalOfficeProfessionalRetail Zoning High Density Light Industrial

    Listing provided courtesy of Gunther Properties, Llc.


    © 2020 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2020-10-31T07:42:01.42.
     
    https://bt-photos.global.ssl.fastly.net/pensacola/orig_boomver_2_576275-2.jpg https://bt-photos.global.ssl.fastly.net/pensacola/orig_boomver_2_576275-2.jpg https://bt-photos.global.ssl.fastly.net/pensacola/orig_boomver_2_576275-2.jpg
    Logo
    Coldwell Banker Coastal Realty
    3817 Gulf Shores Parkway , Suite 6
    Gulf Shores AL, 36542
    ~*~Lender Check Box Override~*~