49 N Navy Boulevard, Pensacola, FL 32507

$155,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 6,534 Status: Sold
Current Price: $169,900 List Date: 12/04/2018 Last Modified: 10/12/2024

Description

3,283 SF Building+/- Currently serving as a profitable beer and wine tavern. Profits are on the rise and new owner would be grandfathered in on the use. The beer/wine/packaging/cigarettes license will transfer to new owner at closing. The property has been routinely maintained and upgraded. Business NOI for 2018 (through November) $45,803.27 26.9% CAP Rate Proforma available for review with signed NDA The property is being sold as an ''Investment property'' and is priced to sell! PRICED UNDER 11/2018 Appraisal FF&E Transfers with sale: All remaining inventory (at time of closing) 8 High Top Bar Tables 20 High Back Leather Bar Seats 15 Low Top Tables 50+ Chairs Two 3-Well Sinks 3 Over Sized Beer Coolers POS System Ice Machine 3 Outside Tables

More Information MLS# 812024

Contract Info

Listing Board: Emerald Coast List Date: 2018-12-03 List Price: $169,900

Location, Tax and Legal

Sub Area: 0806 - 32507 Property Name: Navy Tavern Legal Description: in File

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: Yes Lot Depth: 128 Zoning: HCD Lot Frontage: 60 Future Land Use: Commercial Acreage: 0.15

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 3,283 SF Building+/- Currently serving as a profitable beer and wine tavern. Profits are on the rise and new owner would be grandfathered in on the use. The beer/wine/packaging/cigarettes license will transfer to new owner at closing. The property has been routinely maintained and upgraded. Business NOI for 2018 (through November) $45,803.27 26.9% CAP Rate Proforma available for review with signed NDA The property is being sold as an ''Investment property'' and is priced to sell! PRICED UNDER 11/2018 Appraisal FF&E Transfers with sale: All remaining inventory (at time of closing) 8 High Top Bar Tables 20 High Back Leather Bar Seats 15 Low Top Tables 50+ Chairs Two 3-Well Sinks 3 Over Sized Beer Coolers POS System Ice Machine 3 Outside Tables

Class

Income Producing: 1

Construction Status

Existing: 1

Income Producing

Property Type: Other (See Remarks)

None

Current Price: $155,000

Status Change Info

Status: Sold Under Contract Date: 2019-01-10 Sold Date: 2019-01-17 Sold Price: $155,000

Location Tax and Legal

Area: 08 - Escambia County Street #: 49 Street Direction: N Street Name: Navy Street Suffix: Boulevard State: FL Zip Code: 32507 County: Escambia Parcel ID: 502S305091010007

Property Features

Class: Income Producing Construction Status: Existing
Listing Office: NAI Pensacola
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.