Catylist ID:
#30867626
Pensacola Bayfront Restaurant & Bar
Retail-Commercial
for Sale
| Catylist Listing ID: | 30867626 |
| Property Subtypes: | Free-Standing Building, Restaurant, Street Retail |
| Building Size (RSF): | 8,500 SF |
| Gross Land Area: | 1.45 Acres |
| Sale Price: | $4,900,000 |
| Unit Price: | $576.47 PSF |
| Property Use Type: | Vacant/Owner-User, Business |
| Building Name: | Existing Operating Restaurant |
| Usable Size (USF): | 8,500 SF |
| Sale Terms: | Undisclosed, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/4/2024 |
Overview / Comments
|
Pensacola Restaurant Real Estate For Sale Long Established Restaurant & Bar Location: • Waterview Dining • Seating capacity of over 345 • Recent Renovations & Service upgrades • Ample Parking • Locally known for decades • Growing Tourism synergy • Within walking distance from Pensacola Historic Seville Square • Excellent Visibility and Access Uniquely positioned waterfront, full service restaurant and bar location. Current existing Restaurant currently located in a heavy growth corridor of Pensacola, FL with rich History, luxury homes, national retailers and exciting entertainment. Building holds Large Full Service Kitchen, prep stations, and multiple dining areas. Separate Bar room offers bar stool and tabletop service potential. Open air balconied porches enjoy elegant Waterview setting. Expansive dining rooms and private meeting space. Also Listed as Available Lease |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Submarket Type: | Central Business District |
| Tax ID/APN: | 000S009025001033 |
| Zoning: | CITY ZONING GRD-1 GATEWAY REDEVELOPMENT DISTRICT-ARAGON |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Located Between: | 3 Mile Bridge and Historical District |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Bayfront Parkway |
| Feet of Frontage: | 427 |
| Traffic/Vehicle Count: | 28,300 |
| Highway Access: | Excellent access to Interstate 110 and I10 |
| Site Description: | Building holds Large Full Service Kitchen, prep stations, and multiple dining and meeting space areas. Separate Bar room offers bar stool and tabletop service potential. Open air balconied porches offering elegant Waterview setting. Expansive dining rooms and private meeting space. |
| Area Description: | Uniquely positioned waterfront, full service restaurant and bar location. Current existing Business is located in a heavy growth corridor of Pensacola, FL with a rich History, luxury homes, national retailers and exciting coastal entertainment. |
| Property Condition: | Excellent |
| Total Parking Spaces: | 96 |
| Parking Ratio: | 9 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | ample parking immediate to front door |
| Sprinklers: | Wet |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,856 | 40,345 | 115,126 |
| Median Age: | 41.14 | 41.27 | 38.6 |
| Households: | 2,777 | 17,287 | 44,814 |
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