$255,000 USD
850-660-7415
1603 N 58th Ave
Pensacola, FL 32506
Outer Southwest Pensacola
HIGHLIGHTS
- 2,760 SF Commercial Property – Two-building setup on a 0.49-acre lot with flexible interior layout for various business uses.
- Prime Pensacola Location – Situated in a quiet neighborhood in Escambia County with strong local accessibility and visibility.
- HDMU Zoning – High Density Mixed Use allows broad development flexibility for retail, office, restaurant, medical, or multifamily.
- Income-Producing Asset – Current NOI: $21,217/year | Projected NOI: $49,869/year with increased occupancy or rent adjustments.
- Turnkey with Stable Tenancy – Currently occupied, offering immediate income and smooth transition for investors or owner-users.
- Fully Connected – Water, sewer, and electric on site with paved road access and ample parking.
OVERVIEW
Address: 1603 N 58th Ave Pensacola, FL 32506
County: Escambia County
Zoning: HDMU (High Density Mixed Use)
Parcel ID: 14-2S-30-6101-001-066
Building size: 2,760 sqft
Land size (sqft): 21,318
Land size (acre): 0.49
Layout: 2 buildings
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Retail Store/Plaza, Office Building, General Commercial buildings, Restaurant/Cafe/QSR, Medical Office Building, Single Family, Mobile Home, Multi Family, Convenience Store, Bank/Financial Building, etc.
Investment Highlights
Current Gross Rent: $2,000/month
Current NOI: $21,217.75
Potential Gross Rent: $3,220.50/month
Potential NOI: $49,869
Rentable Sqft: 2,700
FOR SALE DETAILS
PRICE
$255,000 USD
PRICE/SF
$92 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
2,760 sqft Building | Pensacola, FL 32506
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.49 AC
LAND SF
21,344 SF
ZONING
HDMU
APN/PARCEL ID
14-2S-30-6101-001-066
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850-660-7415
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850-660-7415
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