5022 W Fairfield Drive, Pensacola, FL 32506

$650,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 35,719 Status: Sold
Current Price: $699,000 List Date: 1/09/2020 Last Modified: 10/12/2024

Description

Prime Opportunity for beginning investment buyer, or an investor wanting to increase their portfolio. Constructed in 2004, the property is a 6 unit shopping center that houses four tenants. The building encompasses 6,750 SF with units varying in size from 1,100 SF to 2,250 SF. The building has been well cared for and is professionally managed by NAI Pensacola. It has minimal repair costs, and the numerous upgrades are reflected in its professional appearance. Metal framed building with an attractive brick veneer face and glass storefront windows. There is a 900 SF Canopy that runs across the front of the building.

More Information MLS# 837957

None

Current Price: $650,000

Status Change Info

Status: Sold Under Contract Date: 2020-01-17 Sold Date: 2020-02-07 Sold Price: $650,000

Contract Info

GCCMLS Number: 30554891 List Date: 2020-01-07 List Price: $699,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 08 - Escambia County Street #: 5022 Street Direction: W Street Name: Fairfield Street Suffix: Drive State: FL Zip Code: 32506 County: Escambia Parcel ID: 142S307000002014

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No Acreage: 0.82 Lot Frontage: 208 Lot Depth: 181 Zoning: HDMU

Income Producing

Cap Rate: 8.8 Property Type: Retail

Property Features

Class: Income Producing

Documents

Listing Office: NAI Pensacola
Last Updated: October - 12 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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