Property summary
This exceptional 1.67-acre commercial property, located at 3000 W Navy Blvd in Pensacola, Florida (zip code 32505), presents a unique opportunity for both established businesses and developers. Currently zoned COM, this prime location boasts a fully operational restaurant building, previously housing Chet's Seafood for 38 years, offering a turnkey solution for immediate operation or redevelopment. Situated on a four-lane highway with excellent visibility and accessibility, the property benefits from high traffic volume, including Naval personnel, downtown workers, and shoppers. The existing building is complemented by a paved asphalt parking lot and three total parcels. One parcel, bordering Navy Blvd and Shadow Lane, offers 240 feet of frontage and open level land ideal for expansion. The property's strategic location within the Navy Blvd Commercial Area, surrounded by diverse businesses ranging from fast food to high-end antique shops, ensures strong potential for success. While the property is currently set up as a restaurant, its zoning and ample space allow for a variety of redevelopment options. Prospective buyers should note an estimated $35,000 sewer connection cost. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Pensacola neighborhood. The property's history, location, and potential make it an attractive investment for both established businesses and forward-thinking developers.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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