4148 Barrancas AvePensacola, FL 32507

  • Retail properties
  • 12,013 SF
For Sale
$950,000 View listing

Property Details for 4148 Barrancas Ave

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.97 AC
Property size (Sq ft)
12,013 SF
Zone code
COM
Property type
Retail properties
Property subtype
Retail space
APN
50-2S-30-3020-000-000
APU
502S303020000000

Description

This exceptional turnkey retail opportunity presents a thriving Pensacola lounge and package store, ideally situated at 4148 Barrancas Ave, Pensacola, FL 32507, within Escambia County. Boasting 4,090 square feet in a single-story building, this established business is ready for immediate operation. A complete renovation was undertaken in 2023, ensuring modern and efficient facilities. The asking price for the property is $950,000, reflecting a price per square foot of $232.27. The business itself enjoys a strong reputation and history, contributing to its consistent profitability. Note that the liquor license is separately valued at $450,000, bringing the total investment to $1,400,000. This represents a unique chance to acquire a well-established, high-performing business in a desirable location. The property's single-unit structure simplifies management, while its prime location ensures high visibility and accessibility for customers. This is a rare opportunity to own a successful, established business with significant earning potential. Serious inquiries are encouraged to explore this lucrative investment further. The address provided is not the actual location of the business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,391,655
    6.5%
    $2,207,682
    7%
    $2,049,990
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,048,920
    Geo Method
    $2,152,090
  • Alternative Use

    Use
    Valuation
    Residential
    $1,862,262
    Hospitality
    $1,705,822
    Educational
    $1,419,224
    Medical
    $1,468,033
    Retail
    $2,207,682
4148 Barrancas Ave, Pensacola, Florida

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.3882
Longitude
-87.2766
CBSA code
37860
CBSA name
PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,518
-
-
$302,871
-
$70,758
$232,113
$302,871

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].