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    3708 W Navy Blvd Pensacola, FL 32507

    For Sale
    $599,000

    Fully operational restaurant in high-traffic area, redevelopment potential.

    Property size:
    2,200 SF
    Lot size:
    1.24 Acres

    Property Features for 3708 W Navy Blvd

    General Information

    Size
    2,200 SF
    Lot size
    1.24 Acres

    Source: SNS Realty, Inc. Agent Chris Bouchard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant in Pensacola

    This turnkey restaurant, formerly Chet’s seafood, presents a prime investment opportunity at the gateway to Downtown Pensacola. Situated in the Navy Blvd Commercial Area, the location benefits from a mix of restaurants, including both sit-down and fast-food establishments, as well as higher-end antique shops. The area attracts traffic from Naval and Downtown workers and shoppers. The restaurant has historically drawn a lunch and dinner crowd over its 38 years of operation. Located on a four-lane highway with unrestricted turning access, the building offers high visibility and accessibility. The parking lot is paved with asphalt. The property includes three parcels, with one parcel on the west side of the paved area bordering Navy Blvd and Shadow Lane. This parcel features open, level land that could accommodate expansion or redevelopment, offering 240 feet of frontage on Navy Blvd. Engineers estimate a cost of $35,000 to connect to sewer. The property size is 2200 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chet's Catering & Seafood Seafood Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2618492
    Latitude
    30.4111215

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    FAQs

    What type of property is this?
    Turn key restaurant - Fully operational restaurant in high-traffic area, redevelopment potential.
    Where is this turn key restaurant located?
    The property is located at 3708 W Navy Blvd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Fully operational, turnkey restaurant ready for immediate use.; - Prime location at the gateway to Downtown Pensacola with high visibility and unlimited turning access on a four-lane highway.; - Established historical lunch and dinner crowd with 38 years of operation at this location.
    (850) 206-2140
    Request Owner's contact information
    3708 W Navy Blvd Pensacola, FL 32507
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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
    3708 W Navy Blvd Pensacola, FL 32507
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