Local Landmark Restaurant

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30347658
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 3,480 SF
Gross Building Area: See Agent
Gross Land Area: 0.34 Acres
Sale Price: $1,250,000
Unit Price: $359.20 PSF
Property Use Type: Vacant/Owner-User
Building Name: Local Landmark Restaurant
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/11/2019

Overview / Comments

For the first time in over three decades, this landmark restaurant property is now available for sale or lease to an experienced operator. This property has operated as a highly successful restaurant for over 30 years, and is strategically located within downtown Pensacola's path of progress. The property features easy access and a fully lighted intersection, ample parking, and great visibility. The building utilizes an open floor plan ideal for Pensacola dining patrons, an extremely well-maintained kitchen, full bar and outdoor coolers. The building has recently undergone a significant renovation including several exterior improvements.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009070010047
Zoning: C-3
Year Built: 1959
Year Renovated: 2017

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,061 47,560 128,244
Median Age: 42.13 40.15 37.65
Households: 2,382 20,223 49,108


Photograph of Listing Agent

Justin A. Beck, CCIM, CPM

Beck Partners CRE, LLC TALrex.com Member
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