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    1917 W Cervantes St Pensacola, FL 32501

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $325,000

    High-visibility retail building, ample parking, walk-in cooler.

    Property size:
    2,669 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    331
    This exceptional 2,564 square foot freestanding retail building is ideally situated at the intersection of Cervantes Street and Pace Boulevard in Pensacola, Florida (32501). Boasting excellent visibility and ample parking, this property is positioned in a rapidly developing area of the city. The building sits on a 0.29-acre lot and offers a convenient walk-in cooler, a valuable asset for many retail businesses. The property is currently available for sale at $325,000. Alternatively, lease options are available at an annual rate of $12.00 per square foot. The property's strategic location benefits from the proximity of established national retailers such as CVS, Circle K, and Walgreens, ensuring high foot traffic and brand recognition. This presents a unique opportunity for businesses seeking a prominent location in a thriving commercial area. The building's size and features make it suitable for a variety of retail uses. Serious inquiries are encouraged.

    Property Features for 1917 W Cervantes St

    General Information

    Property type
    Other retail properties
    Square Feet
    2,669 SF
    Price / Square Foot
    $121
    Total Parking Spaces
    25
    Elevators
    N/A
    Net Rentable
    2,564 SF
    Lot Size
    12,649 SF

    Building Details

    Year Built
    1964
    Buildings
    1
    Stories
    1

    HighLights

    • Prime 2,564 sq ft retail space in Pensacola, FL, ideal for lease or purchase.
    • High‑visibility location at Cervantes & Pace Blvd with ample parking.
    • Features a walk‑in cooler and sits near CVS, Circle K, and Walgreens.
    Location Intelligence

    Current Use by Public Records

    Tom Ann Buddy's Liquor Store Wine Any Day Wine Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.239847
    Latitude
    30.420403

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    FAQs

    What type of property is this?
    Other retail property - High-visibility retail building, ample parking, walk-in cooler.
    Where is this other retail property located?
    The property is located at 1917 W Cervantes St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Prime 2,564 sq ft retail space in Pensacola, FL, ideal for lease or purchase.; High-visibility location at Cervantes & Pace Blvd with ample parking.; Features a walk-in cooler and sits near CVS, Circle K, and Walgreens.
    (850) 564-0120
    Request Owner's contact information
    1917 W Cervantes St Pensacola, FL 32501
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    Pensacola, FL 32501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1917 W Cervantes St Pensacola, FL 32501
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