For Sale
$419,000

2525 Truman AvePensacola, FL 32505

Auto shop, home, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Pensacola, FL investment opportunity presents a unique blend of commercial and residential properties. The property, located at 2525 Truman Ave, Escambia County, zip code 32505, encompasses a 3,000 square foot auto shop built in 2021, currently vacant, and leased on a NNN basis. The building features three drive-in doors, 12-foot ceilings, and ample on-site parking, including 18-wheeler access. Security measures include surveillance cameras, alarm systems, and coded doors. The 0.51-acre lot is zoned HDMU, offering diverse development potential. Additionally, a fully renovated 2,500 square foot, five-bedroom, two-bathroom brick home is included, currently generating $2,200 monthly rental income on a month-to-month lease. The asking price is $419,000, representing a 10% capitalization rate and a price per square foot of $166.33. The property consists of two buildings, each one story. This prime commercial location provides easy access to major highways. This combined offering presents a compelling investment opportunity with significant income potential and flexibility. The APN is 092S300900162007.

Highlights

  • Live/Work Opportunity: Own a commercial space and residence.
  • Prime Commercial Location: Excellent highway access, ideal for diverse businesses.
  • Modern Warehouse: 3,000 SF, 12' ceilings, 3 drive-in doors, built 2020.
  • Ample Parking: Generous on-site parking with 18-wheeler access.
  • Secure Property: Equipped with surveillance cameras, alarm system, and coded doors.
  • HDMU Zoning: Supports a wide range of commercial uses.

Property Details for 2525 Truman Ave

Property type
Retail properties, Mixed-use properties
Square Feet
3,000 SF
Year Built
2021
Buildings
2
Stories
1
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4517032
Longitude
-87.2475479
2525 Truman Ave, Pensacola, Florida

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2525 Truman Ave
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