304 W Cervantes St - Office/Residential FOR SALE


Pensacola, FL 32501- South Pensacola
$439,000 USD
850-485-2665
304 W Cervantes St, Pensacola, FL for Sale
$439,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

304 W Cervantes St
Pensacola, FL 32501
South Pensacola


HIGHLIGHTS

  • Major renovation in 2000 and updated in 2019. New Roof 2025
  • Corner lot location with easy ingress

OVERVIEW

Great opportunity! Fantastic location only 8 blocks North of Garden St, and 3 blocks West of Palafox St. would make a perfect location for short-term rentals, or office space. Zoned PR-2 North Hill Preservation Multiple-Family District. Currently utilized as a business office, this house can also be made into a multi-family property with a 2BR/1.5BA and a 1BR/1BA...or a combination. Use 1 side as a residence, and the other side as an office or rental. This property had a major renovation including a 1000sqft addition on built-up slab, and an update in 2018, including new roof. Corner lot location with easy ingress/egress with 2 parking areas, 2 entrances (1 off of Cervantes St, and 1 off of Barcelona St), and lots of possibilities!

FOR SALE DETAILS

PRICE

$439,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,999 SF

ZONING

PR-2

APN/PARCEL ID

00-0S-00-9010-200-038

ASK ABOUT THIS PROPERTY

Frasier PhelpsBerkshire Hathaway HomeServicesMore Info
850-485-2665

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

Frasier PhelpsBerkshire Hathaway HomeServicesMore Info
850-485-2665

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