500 Jackson StPensacola, FL 32501

  • Land
  • 0.10 AC
For Lease
$299.28/SF/YR View listing

Property Details for 500 Jackson St

Lot size
0.10 AC
Zone code
R-1B
Property type
Land
Property subtype
Commercial land
APN
00-0S-00-9010-016-076
APU
000S009010016076

Description

This exceptional 1,924-square-foot restaurant space presents a remarkable opportunity in Pensacola's vibrant DeVilliers Neighborhood, situated near the Belmont and downtown areas. The single-tenant property boasts a convenient location within a thriving community offering diverse amenities and attractions. Located at 500 W Jackson St, Pensacola, FL 32501, this property sits on a 5,156-square-foot lot and is zoned R-NCB. The building is a single-story structure that underwent a complete renovation in 2024. A significant investment is being offered by the landlord: $150,000 will be allocated towards upgrading the Mechanical, Electrical, and Plumbing (MEP) systems, ensuring a move-in ready space for a discerning restaurateur. This substantial investment minimizes upfront costs and allows for immediate focus on establishing a successful culinary venture. The property's prime location and the landlord's commitment to modernization make this an unparalleled opportunity to establish a thriving restaurant in a highly desirable Pensacola neighborhood. This is a turnkey opportunity for a restaurant owner looking for a fully renovated space in a high-traffic area.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $697,593
    Hospitality
    $638,991
    Educational
    $531,633
    Medical
    $549,917
    Retail
    $826,985
500 Jackson St, Pensacola, Florida

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4185
Longitude
-87.224
CBSA code
37860
CBSA name
PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$531
-
-
$31,500
-
$31,500
-
$31,500

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