3708 W Navy Blvd - Restaurant FOR SALE


Pensacola, FL 32507
$499,000 USD
850-206-2140
3708 W Navy Blvd, Pensacola, FL for Sale
$499,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

3708 W Navy Blvd
Pensacola, FL 32507


HIGHLIGHTS

  • Prime investment opportunity

OVERVIEW

This turnkey restaurant is a prime investment opportunity is located in the gateway to Downtown Pensacola.? The former Chet’s seafood is a fully operational restaurant, located in the Navy Blvd Commercial Area.? This area varies from restaurants, both sit down and fast food, to Higher-End Antique shops.? The traffic includes Naval and Downtown workers and shoppers.? There has been a historical lunch and dinner crowd over the 38 years that Chet’s has been in operation at this location.? Located on a four lane highway with unlimited turning access, the building is highly visible and accessible.? The parking lot is paved with asphalt.? There are two parcels available.? One parcel located on the west side of the Paved area borders on Navy Blvd and Shadow Lane.? It is open level land which would allow for expansion.? This site can also be redeveloped with 240’ of frontage on Navy Blvd.? Engineers estimate a cost of $35,000 to connect to sewer.?

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

COM

APN/PARCEL ID

38-2S-30-1000-004-002

ASK ABOUT THIS PROPERTY

Chris BouchardSNS Realty Inc.More Info
850-206-2140

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Chris BouchardSNS Realty Inc.More Info
850-206-2140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.