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3620 Barrancas Ave

Pensacola, FL 32507
  • $1,300,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 597957
UPDATED: 46 min ago
$1,300,000
  • 0
    BEDS
  • 1.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,400
    SQFT
  • $155
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Do not go on this property without appointment. Great Annual Income of $ 103,800. Owner has excellent records. Main Building and additional block building appears to be well maintained. 100% leased. Modular home in rear currently leased for $600 per month which is under market value. Owner purchased a vacant residential lot which offers access to Fleet Drive on rear of property. Approximately .70 of an acre in rear could be developed as mini-warehouses or apartments if approved by governmental authorities. 8 inch sewer line on rear residential lot could be used to hook up municipal sewer to existing buildings and for future higher density development of the property. Also additional vacant commercial lot on West side of the highway frontage building that could be developed. Combining all the buildings on the property - Main Center is approx 8400sf modular home approx 750sf and block free standing building is approx 700sf. All of these building are fully leased.

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© 2021 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: 2021-12-04T10:54:13.907.
www.connellsellsthecoast.com/homes/122204899
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3620 Barrancas Ave Pensacola, FL 32507

  • Price: $1,300,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 46 min ago
  • MLS #: 597957
0
Beds
0
Baths
0
½ Baths
1.94
Acres
8,400
SQFT
$155
$/SQFT
County:
Escambia
Area:
Pensacola
Property Description
Do not go on this property without appointment. Great Annual Income of $ 103,800. Owner has excellent records. Main Building and additional block building appears to be well maintained. 100% leased. Modular home in rear currently leased for $600 per month which is under market value. Owner purchased a vacant residential lot which offers access to Fleet Drive on rear of property. Approximately .70 of an acre in rear could be developed as mini-warehouses or apartments if approved by governmental authorities. 8 inch sewer line on rear residential lot could be used to hook up municipal sewer to existing buildings and for future higher density development of the property. Also additional vacant commercial lot on West side of the highway frontage building that could be developed. Combining all the buildings on the property - Main Center is approx 8400sf modular home approx 750sf and block free standing building is approx 700sf. All of these building are fully leased.
Exterior Features

Frontage Length 385

Property Features

Area Description Located Across From Pensacola Country Club Golf Course. Highway Frontage is Mostly Commercial in This Area With Residential Behind Highway Frontage. This is A Major Travel Route To Pensacola Naval Air Station Base. Building Area Total 8400 Building Name Barrancas Center Current Use CommercialMulti-Family Electric 200+ Amp Service Leasable Area 8400 Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Existing Property Sub Type Offic Sale Rent For Sale Special Listing Conditions As Is

Listing provided courtesy of Connell & Company Realty Inc..


© 2021 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: 2021-12-04T10:54:13.907.
 
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Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504