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Search Results -> 2400 Michigan Avenue W, Pensacola

2400 Michigan Avenue W, Pensacola 32526 (Pending)

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Listing Information

Property Type: Commercial Sale
MLS #: 800890 Price: $1,200,000.00 Year Built: Not available
Square Feet: Not available Bedrooms: Not available Bathrooms: Not available
HOA Fees: Not available Lot Size: 2.52 acres Lot Dimensions: 320x331

Subdivision: Not available

Description:

The subject property is a 29,700 SF Neighborhood Center. The facility was built in 1985 and has been routinely updated. It features 27 units ranging in size from 716 - 2,500 SF. There are several vacancies (8) in the center and it is not realizing its market potential. Professionally re-positioned, managed and marketed this center would be an excellent income producer. 2017 Total Income- $166,331.00.Large rectangular land parcel with the center occupying the three sides in a U shaped configuration. The parking lot is well maintained and perfectly laid out for maximum land use. There are parking bumpers, exterior lights, and pylon signage on Michigan Ave.Busy Trade/ Commuter Corridor surrounded by heavy rooftops with new developments being built in the area.

Photos

Features

Not available

Commercial Features

  
Retail Number of Units: 4

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This listing provided courtesy of NAI Pensacola.
This information was last updated on 11/21/2018 12:37:09 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2018. All rights reserved.


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