Pensacola Flea Market For
For Sale
Contact for pricing
Pending
1717 N T St, Pensacola, FL 32505
Profitable flea market with real estate and commercial property.
Property Size80,000 SF
Lot Size12.00 Acres
Days on Market874
Property Features for 1717 N T St
General Information
Standard status
Pending
Size
80,000 SF
Lot size
12.00 Acres
Property subtype
Retail
Zoning
Heavy Commercial/Light industrial
Occupancy
100%
Lease Type
Gross
Investment Type
Stabilized
Net Operating Income
$549,000
Building Details
Units
446
Tenancy
Multi
Listing Agency:
Premier Commercial
(239) 455-6348
Listed By:
Dougall McCorkle · License #FL SL 3041374
Source:
Crexi
Added: Apr 11, 2024
Changed: Aug 8
Last Checked: Aug 30 at 8:07PM
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 Premier Commercial
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
4,623 visits/mo
0.3 miles
Liberty Tax
Shops & Services
264 visits/mo
0.3 miles
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
