4735 MOBILE HWY, PENSACOLA, FL 32506
Listing Presented By
GARY WATSON, CCIM
EXIT REALTY N.F.I - COMMERCIAL DIVISION
LAND - PENSACOLA, FL
Sale contract in place - back up contracts welcomed. Major Price Reduction....was $1,250,000.....$995,000. 2.67 Acres...Zoned Heavy Commercial- $8.56 PSF. High visibility highway frontage with over 35,000 vehicles passing by daily. Located across the street from Pep Boys and Walmart at the SW corner of Mobile Hwy and Tonawanda Drive. Ideal location for retail, restaurant, hospitality or most any other commercial businesses. Property is 305' x 266' x 492' x 70' x 249' x 52' (See attached survey). While there is currently a 18 room motel on the property, the value is in land. Land could be divided into 2 parcels (After purchased...Seller not interested). Ideal for 2 sites. Sewer to property (lift station on-site) Neighbors in the area: Walmart, Pep Boys, Waffle House, Denny's, Advanced Auto Parts, Home Depot, Lowes, Walgreens, Office Depot. Priced below recent comps in the neighborhood!
Last Updated: September 30, 2016
Posted: April 28, 2016