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Property profile & analytics
OFF-MARKET
Bars & Pubs

1004 Cervantes St Pensacola, FL 32501-2836

2,961 SF 0.41 ac lot Built 1955
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US18-1057107
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,961 SF
Lot 0.41 ac (17,860 SF)
Zoning code C-1
APN 00-0S-00-9060-019-035
UPID US18-1057107
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cabana Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Janash LLC · 9 yrs held
Janash LLC
since 2016
6 recorded transactions
2018
Price N/A
2016
$360,000
2007
$275,000
2007
Price N/A
2006
$275,000
2005
Price N/A
Zoning & alternative use
C-1 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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