1004 Cervantes St Pensacola, FL 32501-2836
This exceptional investment opportunity presents a thriving 2,724 square foot liquor store and bar located at 1004 West Cervantes Street in Pensacola, Florida. Boasting a prime location just one mile from Interstate 110, this established business benefits from high daily traffic volume exceeding 35,000 vehicles and serves a substantial population of over 200,000 residents. The property sits on a 0.41-acre lot and includes all necessary licenses and permits for alcohol sales, a significant advantage in a competitive market. The existing bar within the store provides an additional revenue stream, complementing the already successful liquor store operation. This owner-user opportunity offers a stable, recession-resistant investment in a high-demand industry with potential for future growth and expansion. The 100% occupancy rate and strong customer base demonstrate the business's established success and profitability. The asking price is $1,650,000, translating to $605.73 per square foot. This turnkey operation presents a rare chance to acquire a well-established business with significant upside potential in a desirable location. The property's convenient access to major transportation arteries ensures easy accessibility for customers and employees alike. This is a truly unique opportunity for an investor seeking a stable and profitable venture in the thriving Pensacola market.
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Cabana Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Pensacola, FLPensacola. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.