For Sale
$290,000

789 Navy BlvdPensacola, FL 32507

Pensacola, FL retail property, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property at 789 N Navy Blvd, Pensacola, Florida, presents a lucrative investment opportunity. The 2,201 square foot building, constructed in 1954, is situated on a roughly 0.42-acre lot zoned commercially (COM). Currently operating as an auto shop and convenience store, the property boasts a strong location near the intersection of Highway 98 and Corry Station, surrounded by numerous national and regional quick-service restaurants and retailers, including Popeyes, Hardee's, Dunkin', Jimmy John's, and more. The high-traffic area sees an average daily count of 21,500 vehicles. Adding to the income potential is an existing billboard generating $300 per month in rental income under a month-to-month lease. A small, additional storage building on the site is not included in the 2,201 square foot measurement. The asking price is $290,000, translating to $193.09 per square foot. Owner financing may be considered. This property offers a blend of established business potential and significant upside for a savvy investor. The property's prime location and diverse commercial zoning make it ideal for a variety of uses.

Property Details for 789 Navy Blvd

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,201 SF
Class
C
Year Built
1954

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.400561059961
Longitude
-87.277518790573
789 Navy Blvd, Pensacola, Florida

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789 Navy Blvd
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