1004 Cervantes St Pensacola, FL 32501-2836

Property Details for 1004 Cervantes St

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.41 lot acres

Property size

2,961 SF

Zone code

C-1

Property type

Bars

APN

00-0S-00-9060-019-035

APU

000S009060019035

Description

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.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Longitude

-87.2292

Latitude

30.4204

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments