This former liquor store is located in a busy sector near downtown Pensacola. It is highly visible from all directions. This area is located in the of the Urban Design Overlay District of the City of Pensacola's Community Redevelopment Area. If you'd like to learn more about that copy and paste this link: http://tinyurl.com/PensacolaCRA and http://tinyurl.com/MorePensacolaCRA.
This prime retail development is located on the corner of W Cervantes Street and North N Street in Pensacola. With 0.28 acres this could be a new restaurant, retail or even office space. The property occupies half of the frontage of busy Cervantes St. (150 feet)! Also known as Hwy 90, this former liquor store is catty corner from Circle K and right next door to Walgreens. Their is a CVS one block to the West.
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."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.