Stand-Alone Retail
1113 N 9th Ave Pensacola, FL 32501
For Sale
Contact for pricing
Move-in-ready, two-story retail building with 80 feet of frontage and an attached conditioned rear storage building.
Property Size2,452 SF
Lot Size0.32 Acres
Price / SF$265.09
Days on Market141
Property Features for 1113 N 9th Ave
General Information
Standard status
Active
Size
2,452 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Listing Agency:
NAI Pensacola
(850) 292-2840
Listed By:
William Kurnia
(850) 292-2840
Source:
Moodyscre
Added: Mar 11
Changed: Jul 25
Last Checked: Jul 28 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Pensacola
Investment Insights
Based on property information with market context.
1113 N 9th Avenue is a well-maintained, standalone retail building featuring updated interior finishes and a two-story layout designed to separate client-facing space from back-office use. The property includes an additional conditioned rear storage building totaling 450 SF, providing practical support space on-site.
The three-parcel site totals 0.319 acres and offers 80 feet of frontage on 9th Avenue, supporting strong visibility along the 9th Avenue trade corridor. The property is surrounded by established businesses, medical users, and residential density.
Overall, this configuration offers a move-in-ready retail presence with both storefront space and dedicated conditioned storage within the same site.
The three-parcel site totals 0.319 acres and offers 80 feet of frontage on 9th Avenue, supporting strong visibility along the 9th Avenue trade corridor. The property is surrounded by established businesses, medical users, and residential density.
Overall, this configuration offers a move-in-ready retail presence with both storefront space and dedicated conditioned storage within the same site.
Key Highlights
- Move‑in‑ready, two‑story retail/commercial building with updated interior finishes
- 80 ft of frontage on 9th Avenue for strong street exposure
- Three‑parcel site totaling 0.319 AC for added land value and site flexibility
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.1k | $18.00 |
| − Vacancy | −$4.5k | −$1.85 |
| EGI | $39.6k | $16.15 |
| − OpEx | −$11.9k | −$4.84 |
| NOI | $27.7k | $11.30 |
2,452 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$395.9K
$346.4K – $461.9K
NOI $27,713 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.6K
$629.7K – $839.6K
NOI $50,374 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Florist Pensacola Flowers — pensacola, fl 32501
- Celebrations — 717 N 12th Ave, Pensacola, FL 32501
Frequently Asked Questions
What type of property is this?
Storefront property - Move-in-ready, two-story retail building with 80 feet of frontage and an attached conditioned rear storage building.
Where is this storefront property located?
The property is located at 1113 N 9th Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Move‑in‑ready, two‑story retail/commercial building with updated interior finishes; 80 ft of frontage on 9th Avenue for strong street exposure; Three‑parcel site totaling 0.319 AC for added land value and site flexibility
