2525 Truman AvePensacola, FL 32505

Property Details for 2525 Truman Ave

Year built

2021

Lot size

0.51 AC

Property size (Sq ft)

3,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4517

Longitude

-87.2476

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