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    608 E Wright St Pensacola, FL 32501

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $340,000

    Historic Victorian café/bistro, prime location.

    Property size:
    918 SF

    Description

    Added:
    Feb 10, 2025
    Days on Market:
    330
    This 918-square-foot building, located at 608 E Wright St in Pensacola, Florida (zip code 32501), presents a unique investment opportunity in the heart of downtown. The historic Victorian-style structure features a charming U-shaped front porch, three rooms, one bathroom, and a kitchen. Original details, including beautiful wood panel ceilings, original windows, and hardwood floors, add to its character and charm. The property also includes a well-equipped restaurant kitchen setup, complete with a range and hood vents, although most kitchen equipment has been removed. A small fenced-in backyard offers potential for outdoor seating or expansion. Its central location places it within walking distance of the Pensacola Civic Center and the Crown Plaza hotel, surrounded by numerous retail establishments, restaurants, and entertainment venues. The 0.104-acre lot provides ample space for a variety of commercial uses, including retail, a café, or office space. The asking price is $340,000. This property is ideal for an entrepreneur seeking a historic building with significant potential in a vibrant downtown setting.

    Property Features for 608 E Wright St

    General Information

    Property type
    Restaurants
    Square Feet
    918 SF
    Price / Square Foot
    $370
    Elevators
    N/A
    Lot Size
    4,537 SF

    Building Details

    Year Built
    1918
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Historic Victorian‑style building in downtown Pensacola, FL.
    • 918 square feet with 3 rooms, 1 bath, and a well‑equipped kitchen.
    • Prime location near Civic Center and Crown Plaza hotel, offering high foot traffic.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.270382
    Latitude
    30.428005

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    FAQs

    What type of property is this?
    Restaurant - Historic Victorian café/bistro, prime location.
    Where is this restaurant located?
    The property is located at 608 E Wright St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: Historic Victorian-style building in downtown Pensacola, FL.; 918 square feet with 3 rooms, 1 bath, and a well-equipped kitchen.; Prime location near Civic Center and Crown Plaza hotel, offering high foot traffic.
    (850) 564-0120
    Request Owner's contact information
    608 E Wright St Pensacola, FL 32501
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    Pensacola, FL 32501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    608 E Wright St Pensacola, FL 32501
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