Property summary
This exceptional mixed-use property in Pensacola, Florida, presents a lucrative investment opportunity. Located at 4021 North W Street, this 4,510 square foot building sits on a 0.403-acre lot and boasts a 7% cap rate. Built in 1987, the property currently operates as a 100% occupied convenience store with additional warehouse space and storefront capabilities. The zoning is HC/LI, allowing for a variety of uses. Features include a well-functioning deli, beauty supply section, ample parking (over 10 cars), a manager's office with an en-suite bathroom, a standard restroom, and a dedicated storage room. The asking price is $1,200,000 ($266.08/sq ft). The sale includes the building, fixtures, furniture, and equipment (FF&E), and goodwill. A separate appraisal will determine the value of the existing inventory. The property's versatility allows for continued operation as a multi-use retail space, potential conversion into a drive-thru restaurant, or leasing to multiple tenants. This prime location and flexible zoning make it an ideal investment for discerning buyers seeking strong returns and diverse operational possibilities. The property is zoned for HC/LI use.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Grocery & Convenience Store Food Market
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Atm Bank
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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