1201 T St - Freestanding FOR SALE


Pensacola, FL 32505- South Pensacola
$371,111 USD
760-216-9525
1201 T St, Pensacola, FL for Sale
$371,111 USD
Freestanding - FOR SALE
1/7
null | 1% Cap Rate

1201 T St
Pensacola, FL 32505
South Pensacola


HIGHLIGHTS

  • 16 unit value added redevelopment investment Residential/commercial mixed use
  • Golf coast growing economy

OVERVIEW

16 unit value-added multi streem income redevelopment residential/ commercial mixed use opportunities in the growing Golf coast area. 16-Unit Redevelopment Opportunity 1201 N T St – Pensacola, Florida Price: $371,111 Property Type: Commercial / Mixed-Use Development Opportunity Units: 16 Rooms + Shared Bathrooms Lot: Large commercial lot suitable for multiple business uses Investment Highlights ? 16-Unit building structure already in place ? Metal prefabricated building – durable construction ? Roof and exterior structural work already completed ? Zoned HDMU – High Density Mixed Use ? Strong redevelopment potential ? Located minutes from downtown Pensacola Potential Income Scenarios Workforce Housing 16 rooms × $650 average rent Estimated monthly income: $10,400/month Estimated annual income: $124,800/year Contractor / Crew Housing 16 rooms × $750 Estimated monthly income: $12,000/month Estimated annual income: $144,000/year Mixed Use Business Concept Possible uses include: • Mailbox & shipping center • Small office suites • Co-living housing • Contractor housing • Student housing • Airbnb workforce housing • Storage / business hub Location Advantages Pensacola is experiencing strong growth due to: • Tourism • Navy base employment • Construction expansion Pensacola state College • Growing rental demand Asking Price $371,111 Motivated seller willing to discuss serious investor offers.

FOR SALE DETAILS

PRICE

$371,111 USD

PRICE/SF

$72 USD /SF

CAP RATE

1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,094 SF

ZONING

HDMU

APN/PARCEL ID

00-0S-00-9060-010-201

ASK ABOUT THIS PROPERTY

Malak AllahGolden Moon AssociatesMore Info
760-216-9525

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Malak AllahGolden Moon AssociatesMore Info
760-216-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.