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1750 N PALAFOX STREET

Commercial For Sale
$1,990,000

BTC: 22.89071547

ETH: 645.36842754

-$710K (2024/08/06)
148 days
0 room(s)
63,002 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

PRICE REDUCTION. Architectural plans for this building are available upon request. With 54+ million dollars of government funding being injected into Pensacola, this investment has HUGE upside potential with little downside risk. After a full renovation, this property is projected to have an impressive cap rate that will make this a vessel for financial freedom. If this information is not enough to catch your attention, then you will want to see the expected equity increase following the rendition of the subject property. Non-represented investors are more than welcome and will be able to see the property upon request, within 24-48 hours. Interior is messy but in-tact.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1954
Lot:
1.32 Acres
Heating:
No Data
Price/sqft:
$32
Cooling:
Central Air / None
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

    • None

  • Lot

    • Lot: 1.32 Acres

    Other Property Information

    • Parcel Number: 000S009010040102

    • Zoning: C-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $7,361

  • Source details

    • MLS ID: OM680594

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Living Area: 63002

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ENGEL & VOLKERS OCALA