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Property profile & analytics
OFF-MARKET
Bars & Pubs

240 New Warrington Rd Pensacola, FL 32506-5870

4,911 SF 0.52 ac lot Built 1962
Entity Owned 6-yr Hold Free & Clear
Property ID
US18-3774413
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving Asian supermarket in Pensacola, Florida. Located at 240 N New Warrington Rd, this single-story, 5,160 square foot building sits on a 0.76-acre lot (including a 0.24-acre parcel behind the main building). The property boasts a Class B rating and features a newly renovated interior completed in 2023, including a new roof, electrical service, AC units, flooring, lighting, and state-of-the-art equipment such as display freezers, refrigerators, and shelving. The building is 100% occupied, with an occupancy date of June 1st, 2024. The asking price is $699,000, representing a price per square foot of $135.47. Ample parking is available with 20 spaces. The property is zoned COM and includes a rear storage container and a newly renovated modular living unit with two bedrooms, a full bathroom, and a kitchen. This turnkey operation benefits from a high traffic count on New Warrington Road (30,000+ AADT) and offers significant upside potential due to its recent opening and daily growth. The sale includes both the real estate and fixtures, furniture, and equipment (FF&E). The property's APN is 342S301270000006. This is a rare opportunity to acquire a profitable, fully renovated commercial property in a high-traffic location.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,911 SF
Lot 0.52 ac (22,868 SF)
Zoning code COM
APN 34-2S-30-1270-000-006
UPID US18-3774413
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
  • LibertyX Bitcoin ATM Atm
  • All Star Bingo Bingo Hall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Lucky Dauber INC · 6 yrs held
Lucky Dauber INC
since 2020
7 recorded transactions
2020
$185,000
2017
Price N/A
2017
$215,000
2015
Price N/A
2012
$108,200
2011
$100,100
2006
$220,000
Zoning & alternative use
COM · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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