4148 Barrancas AvePensacola, FL 32507
- Retail properties
- 12,013 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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