Pensacola Self Storage Investment

1720 N Pace Blvd Pensacola, FL 32505

1720 N Pace Blvd, Pensacola, FL, 32505
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FOR SALE
Property Type:
Other Special Purpose
Amount:
$1,700,000
Last Verified:
Mar 05, 2024

Highlights

  • Building A includes (12) 5 x 5 units, (9) 5 x 10 units, (9) 10 x 15 units and (2) 20 x 10 units.
  • Building B includes (8) 5x5 units, (12) 5x10 units, (10) 10x20 units, (3) 10x30 units
  • Building C includes (6) 5x5 units, (7) 5x10 units, (7) 10x10 units, (8) 10x20, (4) 10x30
  • Rates: 5x5 is $35/m, 5x10 is $60/mo, 10x10 is $85/m, 10x15 is $90/m, 10x20 is $115/m, 10x30 is $150/m

Description

1720 N Pace Blvd is a self storage complex with 101 units, 20 lockers, 2 vacant lots, one rented for $850/m, the other Lot and office rented $1000/m. Both lots make up close to 1.2 acres so there is plenty of room to expand. The Office complex is 4400 sq ft with 4 commercial spaces all rented for $6000/m and fully renovated. Complex a ½ city block is completely fenced. Total revenue for 1720 Pace is $9600/m

Pace blvd north of Cervantes street on the east side of the road.


Year Built: 1947
Building Size: 15420sq ft
Building Class: B
Lot Size: 96300.0 acres

Map of 1720 N Pace Blvd, Pensacola, FL, 32505

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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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