For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

216 - 220 Palafox Pl Pensacola, FL 32502

Source: https://www.saltercompany.com
For Sale
$2,150,000

Historic Palafox Street, lucrative investment.

Property size:
4,405 SF

Description

Added:
Feb 5, 2025
Days on Market:
305
This exceptional investment opportunity presents two adjacent, single-story office buildings totaling 4,405 square feet in Pensacola's vibrant downtown district, situated on a 0.13-acre lot with shared parking. The first building, encompassing 1,500 square feet, showcases charming exposed brick walls and high ceilings. The second building offers 2,811 square feet of versatile space. Both buildings are located at 216-220 S Palafox Pl, 32502, placing them in the heart of Pensacola's bustling business district along historic Palafox Street. The combined 4,405 square feet provides ample space for a variety of uses, making it an ideal investment for entrepreneurs and professionals seeking a prominent location. The property's prime location and versatile layouts offer significant potential for growth and return. The asking price for this exceptional downtown Pensacola office complex is $2,150,000. This is a rare opportunity to acquire a significant commercial property in a highly desirable location. The buildings' combined square footage offers flexibility for a single large tenant or the potential for multiple smaller tenants. The shared parking lot provides convenient access for employees and clients. This property represents a strong investment opportunity in a thriving downtown area.

Property Features for 216 - 220 Palafox Pl

General Information

Property type
Residential offices
Square Feet
4,405 SF
Price / Square Foot
$488
Class
C
Elevators
N/A
Lot Size
5,817 SF

Building Details

Year Built
1900
Buildings
1
Stories
1

HighLights

  • Two prime single‑story office buildings totaling 4,405 square feet.
  • Located in Pensacola's vibrant downtown business district on historic Palafox Street.
  • Features a shared parking lot and sits on a 0.13‑acre lot.
Insight Report Location Intelligence

Current Use by Public Records

Residential offices

Suggested Use

Restaurant Dental Office Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pensacola
State
Florida
Longitude
-87.21439
Latitude
30.409794

FAQs

What type of property is this?
Residential office - Historic Palafox Street, lucrative investment.
Where is this residential office located?
The property is located at 216 - 220 Palafox Pl Pensacola, FL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two prime single-story office buildings totaling 4,405 square feet.; Located in Pensacola's vibrant downtown business district on historic Palafox Street.; Features a shared parking lot and sits on a 0.13-acre lot.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message