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1717 W Government St 850 SF Industrial Building Pensacola, FL 32502 $209,900 ($246.94/SF) 8.57% Cap Rate
Executive Summary
Historic home currently rented in the Tanyard Neighborhood zoned C-3 commercial (allows a variety of intensive business uses) in a quiet neighborhood with a huge fenced yard, almost a quarter of an acre (60'x125' parcel). New roof, new plumbing, newer HVAC, termite bond, gas stove, cast iron tub, screened front and back porches with a front deck plus laundry room. Enough room to park a boat, RV, or multiple vehicles. Three magnificent oak trees. Walking distance to the Pearl & Horn, Taste of Jerusalem, and Oar House restaurants. Rented for $1, 500/month.
Property Facts
| Price | $209,900 | Lot Size | 0.17 AC |
| Price Per SF | $246.94 | Rentable Building Area | 850 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.57% | Year Built/Renovated | 1938/2023 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | ||
| Zoning | c-3 - c-3 | ||
| Price | $209,900 |
| Price Per SF | $246.94 |
| Sale Type | Investment |
| Cap Rate | 8.57% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.17 AC |
| Rentable Building Area | 850 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1938/2023 |
| Tenancy | Single |
| Zoning | c-3 - c-3 |
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Property Taxes
| Parcel Number | 00-0S-00-9080-004-127 | Improvements Assessment | $50,363 |
| Land Assessment | $75,000 | Total Assessment | $125,363 |
Property Taxes
Parcel Number
00-0S-00-9080-004-127
Land Assessment
$75,000
Improvements Assessment
$50,363
Total Assessment
$125,363
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