2401 W Cervantes St - Retail FOR SALE


Pensacola, FL 32505- South Pensacola
$899,000 USD
904-569-6738
2401 W Cervantes St, Pensacola, FL for Sale
$899,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

2401 W Cervantes St
Pensacola, FL 32505
South Pensacola


HIGHLIGHTS

  • 10,413 SF Commercial Building - L-shaped multi-suite structure with separate utility meters, ideal for multi-tenant commercial operations.
  • Prime Pensacola Frontage - Located directly on W Cervantes St with approx. 16,700 vehicles/day, providing strong visibility and customer exposure.
  • Owner Financing Available! - Attractive terms with low monthly payments and no prepayment penalty-ideal for investors seeking leverage
  • Versatile C-3 Zoning - Supports a wide range of commercial and retail uses including professional services, retail, medical, office, flex, and more.
  • Income & Value-Add Potential - Projected NOI of $128,427/yr upon stabilization with multi-tenant leasing strategy.
  • In an Opportunity Zone - Potential access to federal tax incentives for redevelopment and investment advantage.

OVERVIEW

Address: 2401 W Cervantes St Pensacola, FL 32505 County: Escambia County Zoning: C-3 Parcel ID: 00-0S-00-9060-005-184 | 00-0S-00-9060-013-184 Building size: 10,413 sqft total Land size (acre): 0.26 Layout: 1 building (L-shaped) Sewer: Connected Water: City Water | Separate Meters Electric: Connected | Separate Meters Road Access: Yes Opportunity zone: True Investment Highlights Rent Info: Potential Gross Rent: $10,702.25/month Potential NOI: $128,427 Asking price: $899,000 with OWNER FINANCING option Down Payment: $449,000 (due at closing) Note: $450,000 Payments to Seller: $2,415.7/$28,988.4 Interest Rate: 5% with a 10-year balloon Amortization period: 30 Years No prepayment Penalty Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10,413 sqft Commercial Building Pensacola, FL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-3

APN/PARCEL ID

00-0S-00-9060-013-184

ASK ABOUT THIS PROPERTY

Dror AttiasAcre ExpertMore Info
904-569-6738

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Dror AttiasAcre ExpertMore Info
904-569-6738

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