Retail Storefront & Warehouse For
2500 N E St Pensacola, FL 32501
2500 N E St, Pensacola, FL, 32501
$1,000,000
For Sale
$1,000,000
6,098 SF RETAIL STOREFRONT & Warehouse For Sale
Property Size6,098 SF
Lot Size0.14 Acres
Price / SF$163.99
Days on Market522
Property Features for 2500 N E St
General Information
- Standard status
- Active
- Property type
- Warehouses, Other retail properties, Individual retail properties, Industrial properties, Retail properties & Spaces
- Size
- 6,098 SF
- Net Rentable
- 5,800 SF
- Elevators
- N/A
- Lot size
- 0.14 Acres
Building Details
- Buildings
- 1
- Stories
- 1
Listing Office
(850) 564-0120
Listed by
Paul
(850) 564-0120
Added: Feb 10, 2025 Checked: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
This 6,098 square foot property is located in Pensacola, Florida, at the corner of E Street and Scott Street. It features a convenient store with asphalt parking and free-standing signage. A 2,500 square foot cinderblock warehouse is located at the rear, complemented by a large fenced yard. Recent upgrades include improved lighting and a new roof. The property sits on a 0.14-acre lot and benefits from a high-traffic location on E Street, with a daily vehicle count of 7,200. The sale includes the existing business's goodwill and equipment, providing a turnkey operation for the buyer. This property offers a blend of retail and warehouse space, making it suitable for a wide range of commercial uses. Its location and recent upgrades make it an attractive investment prospect. The property is located on a high-traffic corner, boasting 7,200 vehicles per day.
Local 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 | $109.8k | $18.00 |
| − Vacancy | −$11.3k | −$1.85 |
| EGI | $98.5k | $16.15 |
| − OpEx | −$29.5k | −$4.84 |
| NOI | $68.9k | $11.30 |
6,098 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$984.6K
$861.5K – $1.15M
NOI $68,921 @ 7.0% cap · market cap 6.89%
Second Best
Warehouse
$665.2K
$582.1K – $776.1K
NOI $46,566 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,278 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fantastic Grocery & Meat ...
Grocery & Convenience Store
Fantastic Grocery
Grocery & Convenience Store
M & M Professional ...
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- Safley Self Storage Facility — 2415 N Pace Blvd #3, Pensacola, FL 32505
- BestBox Storage — 2710 N Palafox St, Pensacola, FL 32501
- Pensacola Self Storage — 1716 N Pace Blvd, Pensacola, FL 32505
FAQs
What type of property is this?
Warehouse - 6,098 SF RETAIL STOREFRONT & Warehouse For Sale
Where is this warehouse located?
The property is located at 2500 N E St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,000,000.
