1521 N 9th Ave, Pensacola, FL
Office for Sale - $430,500 - 3,071 Sq. Ft. on 0.47 acres
Property Info
| CIMLS# | 985932 |
| Location 1521 N 9th Ave Pensacola FL 32503 | |
| Updated | February 15th, 2018 |
| Type | Office |
| Price | $430,500 |
| Building | 3,071 Sq. Ft. |
| Land | 0.47 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
Highlights:
>> 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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