3564 FAIRFIELD DR Pensacola, FL 32505
- Retail properties
Current Use by Public Records
- Champions R Us Learning Academy / Day Care Center
Property Details for 3564 FAIRFIELD DR
- Property type
- Retail properties
- Property subtype
- Retail residential properties
Description
This 3,877 square foot retail building, situated on a 0.31-acre lot in Pensacola, Florida (zip code 32505), presents a unique investment opportunity. Currently occupied by a daycare center operating on a month-to-month lease, the property offers immediate income potential. The current tenant pays a base rent of $2,050 per month. Annual expenses include $4,355 for insurance and $1,543 for property taxes. The building boasts significant recent upgrades, including three new HVAC systems, a new roof, a newly paved parking lot, and a recently updated septic system. This building has served as a daycare center for many years, and its layout is well-suited for continued use as such. However, a new owner has the flexibility to terminate the month-to-month lease and utilize the space for alternative business ventures. The building's net size is 2400 square feet. This property is priced at $220,000 and represents a strong value in the Pensacola market. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- State
- Florida
