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500 E Nine Mile Road

Pensacola, FL 32514
  • $539,000
  • STATUS: Active
  • ON SITE: 289 Days
  • MLS #: 706110
Price Reduced
UPDATED: 40 min ago
$539,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1997
County:

School Information

Elementary School:
Middle School:
High School:

Description

Good opportunity for new business, turn key car wash in good condition. Centrally located in Pensacola in commercial district. Excellent return on investment for someone looking for a car wash business, This property is priced to sell at 8% average cap rate for the past 3 years. This Cap. rate financials include a General Manager, Assistant Manager, Supervisor, and 7 employees (total of 10). Owner does not live locally and the business is currently run primarily by the General Manager. . An owner-operator could boost the return on investment even more. Multiple uses is a possibility for this property. All furniture and equipment conveys with sale.

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© 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anchor Realty Florida. Data last updated: 2021-10-18T19:04:30.433.
www.panamacitybeachanchor.com/homes/112955081
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500 E Nine Mile Road Pensacola, FL 32514

  • Price: $539,000
  • Status: Active
  • Updated: 40 min ago
  • MLS #: 706110
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1997
Built
Neighborhood:
No Named Subdivision
County:
Escambia
Area:
Escambia County
Elementary School:
Hellen Caro
Middle School:
Bailey
High School:
Income Producing
Property Description
Good opportunity for new business, turn key car wash in good condition. Centrally located in Pensacola in commercial district. Excellent return on investment for someone looking for a car wash business, This property is priced to sell at 8% average cap rate for the past 3 years. This Cap. rate financials include a General Manager, Assistant Manager, Supervisor, and 7 employees (total of 10). Owner does not live locally and the business is currently run primarily by the General Manager. . An owner-operator could boost the return on investment even more. Multiple uses is a possibility for this property. All furniture and equipment conveys with sale.
Exterior Features

Construction Siding Roof - MetalSteel/Frame Construction Status Construction Complete Transport Access 4-Lane

Interior Features

Sq Ft Total Building 3968.00

Property Features

Commercial Features Office Area Commercial Sale Sub Type Other Community Resort None Financing CashConventional Hoa Fee No List Class Commercial Occupancy Status Occupied Sale Type As Is Utilities ElectricPublic SewerPublic Water

Listing provided courtesy of Prothro Real Estate & Associates. Listing information © 2021 Central Panhandle Association of Realtors MLS.


© 2021 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anchor Realty Florida. Data last updated: 2021-10-18T19:04:30.433.
 
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Anchor Realty Florida
140 Richard Jackson Boulevard, Suite 130
Panama City Beach FL, 32407