5100 9Th AvePensacola, FL 32503

Property Details for 5100 9Th Ave

Year built

1986

Construction

TYPE NOT SPECIFIED

Lot size

9.08 AC

Property size (Sq ft)

134,198 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Other retail properties

APN

33-1S-30-7100-000-004

APU

331S307100000004

Description

This exceptional turnkey business opportunity presents a thriving, established sushi restaurant for sale in Pensacola, Florida. Located within the high-traffic Cordova Mall, this 1,254 square foot Class A retail space (C-2 zoning) offers a prime location for continued success. The asking price is $555,000, translating to $442.58 per square foot. The sale includes all furniture, fixtures, and equipment (FF&E), along with the established business, trademark, menu, and recipes, ensuring a seamless transition for the new owner. The property boasts a single-story building with one unit, benefiting from the mall's substantial foot traffic. Its strategic location near Sacred Heart Hospital and Pensacola State College, along with its proximity to Pensacola International Airport, further enhances its appeal and potential for growth. This owner-user investment presents a rare chance to acquire a profitable, established business in a high-demand retail area. The turnkey nature of the sale minimizes the start-up challenges, allowing for immediate revenue generation. This is an exceptional opportunity for an experienced restaurateur or investor seeking a well-established and profitable business in a prime Pensacola location.

• CAP approach

  CAP return

  Valuation

  6%

  $26,717,334

  6.5%

  $24,662,156

  7%

  $22,900,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,888,612

  Geo Method

  $24,041,142

• Alternative Use

  Use

  Valuation

  Residential

  $20,803,450

  Hospitality

  $19,055,850

  Educational

  $15,854,243

  Medical

  $16,399,494

  Retail

  $24,662,156

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4737

Longitude

-87.2064

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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