1717 N T St Pensacola, FL 32505

Listing Agency Premier Commercial d***@lutgert.net Show Phone

Listed by Dougall McCorkle · License #FL SL 3041374

Source Crexi

Added: Apr 11, 2024 Checked: Jul 17 at 12:42 pm

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Investment Insights

Based on property information with market context.

This offering includes a dominant flea market located in Pensacola, near downtown. The sale encompasses both the business and the real estate, which includes over twelve acres of entitled land. The flea market hosts over 400 vendors and benefits from full management being in place. The seller, a multi-property owner of flea markets, is offering this profitable market for sale to concentrate on larger properties and future expansions. The sale also includes a two-acre commercial property featuring 18,000 square feet of space, presenting possibilities for renovation or redevelopment. The property benefits from favorable commercial zoning. This active market has been in operation for more than 30 years and maintains high occupancy. The flea market is largely recession and internet resistant. The existing local management allows for a buyer's role akin to asset management.

Key Highlights

• Highly profitable flea market business and real estate included in sale.
• Over 12 acres of desirable entitlements.
• Full management in place for asset management role.

Property Analytics

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FAQs

What type of property is this?

Retail space - Profitable flea market with real estate and commercial property.

Where is this retail space located?

The property is located at 1717 N T St Pensacola, FL.

What is the asking price?

The asking price for this property is $4,800,000.

What are key features of this property?

This property features: Highly profitable flea market business and real estate included in sale.; Over 12 acres of desirable entitlements.; Full management in place for asset management role.