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Property profile & analytics
OFF-MARKET
Bars & Pubs

1917 Cervantes St Pensacola, FL 32501-2758

2,611 SF 0.29 ac lot Built 1964
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-3197738
Property summary
AI-generated overview

This exceptional 2,564-square-foot free-standing retail building is ideally situated at 1917 W Cervantes St, Pensacola, FL 32501, at the intersection of Cervantes and N Streets. Built in 1964, this single-tenant property sits on a 0.289-acre lot and is zoned C-1. The building is currently vacant and offers significant potential for a variety of retail uses. Its location within Escambia County, near downtown Pensacola, ensures high visibility and accessibility to a substantial customer base. The property benefits from its prominent position within the City of Pensacola's Community Redevelopment Area, specifically in the Urban Design Overlay District. The parcel number is 000S009060009125. The absence of elevators is noted. This is a fantastic opportunity to establish a thriving business in a high-traffic area. Further information regarding the Community Redevelopment Area can be found online. This property presents a unique chance to own a well-located, sizable retail space in a growing Pensacola neighborhood.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,611 SF
Lot 0.29 ac (12,632 SF)
Zoning code C-1
APN 00-0S-00-9060-009-125
UPID US18-3197738
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
  • Tom Ann Buddy's (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Wine Any Day Specialty Food Shop 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
Acadr LLC · 8 yrs held
Acadr LLC
since 2017
2 recorded transactions
2024
Price N/A
2017
$95,000
Zoning & alternative use
C-1 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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