Property Listing No Longer Available for Sale

801 E Cervantes St, Pensacola, FL

Office for Sale - $1,250,000


Property Info

CIMLS#952649
Location
  801 E Cervantes St
  Pensacola FL 32501
UpdatedJune 18th, 2017
TypeOffice
Price$1,250,000

Property Description

Multi-tenant office building for sale near the downtown Pensacola market. This is a rare chance to own a cash flowing office building in 1 of Pensacola's hottest markets. The building is very well located along the high traffic corridor of Cervantes Street. Neighbors include McDonald's, Walgreen's, Krispy Kreme, UPS Store and Oh Snap Cupcake Bakery. Publix grocery just opened their new store just a few blocks to the East. <br />

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The building has 7,932 rentable square feet with approx 1,400 square ft of common area, which leaves 6,532 usable square feet. It was originally built in 1960 and completely up-to-date in 2006. Renovations included high-quality interior finishes, new break room, state of the art kitchen, male and female ADA compliant bathrooms as well as new HVAC units. The building has a fire sprinkler system and alarm system throughout. <br />

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- 8% CAP<br />

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- 100% Occupied Office Building<br />

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- Completely Updated in 2006<br />

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- 40 Private Parking Spaces<br />

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- 24,000 Cars Per Day Traffic Count<br />

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View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/4555645138-1662u567,97-0F2BE7D5FDE3/realestate.oodle.com___ODLSLRcTogRktNYOmRvU5YqDrjyGnKjpQguNxQuNpvyu9uHBAeuN6AzSgl7C7uzHQ_Znj77YZ4IfUaxsjGkoVI1kHndeP-ljvd49QwQ2lzuWf1g-7kXQQ6D9hmjB53yfRAlPSQf7bWNultYYChGDfW2c1bsLj" rel="nofollow">here</a>


Financials



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