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3708 Navy Blvd - Turnkey Restaurant/ Redevelopment Opportunity 1.67 Acres of Commercial Land Offered at $599,000 in Pensacola, FL 32507
Executive Summary
This turnkey restaurant is a prime investment opportunity is located in the gateway to Downtown Pensacola. The former Chet’s seafood is a fully operational restaurant, located in the Navy Blvd Commercial Area. This area varies from restaurants, both sit down and fast food, to Higher-End Antique shops. The traffic includes Naval and Downtown workers and shoppers. There has been a historical lunch and dinner crowd over the 38 years that Chet’s has been in operation at this location.
Located on a four lane highway with unlimited turning access, the building is highly visible and accessible. The parking lot is paved with asphalt. There are three parcels total. One parcel located on the west side of the Paved area borders on Navy Blvd and Shadow Lane. It is open level land which would allow for expansion. This site can also be redeveloped with 240’ of frontage on Navy Blvd.
Engineers estimate a cost of $35,000 to connect to sewer.
Located on a four lane highway with unlimited turning access, the building is highly visible and accessible. The parking lot is paved with asphalt. There are three parcels total. One parcel located on the west side of the Paved area borders on Navy Blvd and Shadow Lane. It is open level land which would allow for expansion. This site can also be redeveloped with 240’ of frontage on Navy Blvd.
Engineers estimate a cost of $35,000 to connect to sewer.
Property Facts
| Price | $599,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.67 AC |
| Price | $599,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.67 AC |
1 Lot Available
Lot
| Price | $599,000 | Lot Size | 1.67 AC |
| Price Per AC | $358,682.63 |
| Price | $599,000 |
| Price Per AC | $358,682.63 |
| Lot Size | 1.67 AC |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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3708 Navy Blvd - Turnkey Restaurant/ Redevelopment Opportunity