240 New Warrington RdPensacola, FL 32506

Property Details for 240 New Warrington Rd

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.52 AC

Property size (Sq ft)

4,911 SF

Zone code

COM

Property type

Retail properties

Property subtype

Bars

APN

34-2S-30-1270-000-006

APU

342S301270000006

Description

This exceptional investment opportunity presents a thriving Asian supermarket in Pensacola, Florida. Located at 240 N New Warrington Rd, this single-story, 5,160 square foot building sits on a 0.76-acre lot (including a 0.24-acre parcel behind the main building). The property boasts a Class B rating and features a newly renovated interior completed in 2023, including a new roof, electrical service, AC units, flooring, lighting, and state-of-the-art equipment such as display freezers, refrigerators, and shelving. The building is 100% occupied, with an occupancy date of June 1st, 2024. The asking price is $699,000, representing a price per square foot of $135.47. Ample parking is available with 20 spaces. The property is zoned COM and includes a rear storage container and a newly renovated modular living unit with two bedrooms, a full bathroom, and a kitchen. This turnkey operation benefits from a high traffic count on New Warrington Road (30,000+ AADT) and offers significant upside potential due to its recent opening and daily growth. The sale includes both the real estate and fixtures, furniture, and equipment (FF&E). The property's APN is 342S301270000006. This is a rare opportunity to acquire a profitable, fully renovated commercial property in a high-traffic location.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4142

Longitude

-87.2755

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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