For Sale
$350,000

127 W Belmont St Pensacola, FL 32501

Prime location, redevelopment opportunity. Two units, high potential.

Source: https://www.saltercompany.com

Overview

Added:
Feb 7
Days on market:
78
This exceptional mixed-use property, situated on a corner lot in Pensacola's historic downtown district, presents a compelling investment or owner-user opportunity. The 0.09-acre lot encompasses two buildings, offering a total of 1,119 square feet of space currently configured as two residential units and a commercial space. The property's prime location within the vibrant and growing Pensacola area makes it ideal for redevelopment. While the existing structures offer three potential income streams, significant upgrades and renovations are needed throughout. The roof is a recent addition, representing the only recent major improvement. The property's versatility allows for a range of uses, catering to both residential and commercial needs. This is a rare chance to acquire a substantial property in a highly desirable location with significant upside potential. The asking price is $350,000. This property is zoned for mixed-use development and is ready for an investor or owner-occupant to bring their vision to life. The property's location in the historic district offers unique advantages and potential for increased value.

Highlights

  • Prime Downtown Pensacola location in the Historic District.
  • Two residential units plus a versatile commercial space.
  • Three potential income streams with redevelopment opportunity.

Property Details for 127 W Belmont St

Property type
Retail properties, Land
Square Feet
1,119 SF
Price / Square Foot
$312.78
Year Built
1910
Buildings
2
Stories
1
Elevators
N/A
Lot Size (sq. ft)
3,793 SF
Units
2

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Retail property - Prime location, redevelopment opportunity. Two units, high potential.
Where is the retail property located?
The property is located at 127 W Belmont St Pensacola, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime Downtown Pensacola location in the Historic District.; Two residential units plus a versatile commercial space.; Three potential income streams with redevelopment opportunity.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
127 W Belmont St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message