4148 Barrancas AvePensacola, FL 32507

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 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.

• 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

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

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