Property Listing No Longer Available for Sale

1521 N 9th Ave, Pensacola, FL

Office for Sale - $430,500 - 3,071 Sq. Ft. on 0.47 acres

Property Info

  1521 N 9th Ave
  Pensacola FL 32503
UpdatedFebruary 15th, 2018
Building3,071 Sq. Ft.
Land0.47 acres

Property Description

3,071 SF leased freestanding office building on 0.47 acre corner parcel in upscale East Hill, within City limits, zoned mostly C-1 with a sliver of R-1. 123' on N 9th Avenue and 168.15' on East Lee Street. Currently being renovated. Side parking lot along Lee Street. Leased to coffee Shop tenant for 5 years, through 12/31/22 at $2,800/month, NNN.

Location Description:

SW Corner of 9th Avenue and Lee Street in upscale East Hill


>> 3071 SF freestanding office bldg

>> Coffee Shop lease - 5 years, expires 12/31/22

>> NNN Lease

>> 0.47 Acre corner lot

>> 8-10 Parking Spaces in small lot on Lee St side

>> 123' on 9th Ave x 168.15' on East Lee Street

>> C-1 zoning with sliver of R-1A

>> Leased to coffee shop 1/1/18-12/31/22, $2,800/month, NNN Lease

>> 6.33% CAP / $27,240 NOI

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