Building Supply Property
$3,250,000
1500 W Main Street Pensacola, FL 32502
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About this listing
This is an investment opportunity with a future development opportunity. Currently used by a long term, established building supply opperator. Tenant has just renewed the lease for an additional 10 years with 3 five year options. Current NOI provides a nice return by an establised tenant with annual increases and no owner responsibilty. As a bonus, this property lies on the West side of Downtown Pensacola and will be a great re-development site in the future. You are getting a healty return today and paying less than current land value for the real estate.
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Building Size
51,600 sqft
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Lot Area
8.1 acres
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Zoning
C-3
DESCRIPTION
- • Lot Size: 5-10 Acres
- • Sewer: Public
- • Water: Municipal Water
