1.24 Acre High Visibility Redevelopment Opportunity

41 S Navy Boulevard and 4151 thru 4171 Barrancas Avenue Pensacola, FL 32507

41 S Navy Boulevard and 4151 thru 4171 Barrancas Avenue, Pensacola, FL, 32507
41 S Navy Boulevard and 4151 thru 4171 Barrancas Avenue, Pensacola, FL, 32507
FOR SALE
Property Type:
Other Land
Amount:
$750,000
Last Verified:
Mar 04, 2020

Highlights

  • High Visibility Site
  • High Traffic Counts
  • Located at Main Entrance to Naval Air Station
  • Frontage on 3 Streets

Description

This high visibility property has a great location with frontage on Navy Blvd, Barrancas Av, Central and S. 1st Street near main entrance to NAS! The property is currently improved with a multi-tenant retail building and 1 unit apartments, and a separate drive-thru restaurant; but the value is in the land! Escambia County has indicated the existing buildings have no historical significance and can be removed from the site, however, buyers are urged to confirm all information. Please contact Lisa Bradley, the listing agent, for additional information.

This 1.24 acre site is comprised of two tax parcels and includes frontage on Barrancas Avenue, South Navy Boulevard, Commerce Street, and South 1st Street. Great location at the main entrance to NAS, in close proximity to the Pensacola Country Club, and just minutes from Downtown Pensacola. High traffic count, 23,000 AADT (Navy), 24,000 AADT (Barrancas) per FDOT average annual daily traffic. Strong retail corridor.

Building Size: 13406.0sq ft
Building Class: C
Lot Size: 1.24 acres

Map of 41 S Navy Boulevard and 4151 thru 4171 Barrancas Avenue, Pensacola, FL, 32507

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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