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    501 S Palafox St Pensacola, FL 32502

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $2,200 /Mo ($26 SF/Yr)

    Prime Downtown Pensacola Restaurant, 1000 sq ft.

    Lot size:
    1,000 SF

    Description

    Added:
    Mar 3, 2025
    Days on Market:
    310
    This exceptional 1,000-square-foot restaurant space is located within The Garden at Main + Palafox in Pensacola, Florida, zip code 32502. Housed in a fully renovated Airstream trailer, this unique property offers a turnkey opportunity for a food and beverage establishment. The Garden itself provides a vibrant outdoor environment perfect for dining, socializing, and enjoying the bustling downtown atmosphere. The location benefits from high foot traffic, attracting local business professionals, residents, and tourists seeking lunch, coffee, and shopping experiences. This is an ideal space for establishing a new restaurant concept or expanding an existing one. The lease is a NNN lease with a monthly rent of $2200. The property's usable square footage is 1000 square feet. The address is 501 S Palafox St, Pensacola, FL 32502. This is a rare opportunity to secure a well-positioned restaurant space in a thriving downtown area. The property is categorized as a restaurant, other retail property, individual retail property, and retail property. This unique setting offers a ready-made customer base and a vibrant atmosphere. Don't miss this chance to be part of Pensacola's exciting culinary scene.

    Property Features for 501 S Palafox St

    General Information

    Property type
    Restaurants
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,000 SF
    USF (Usable sq. ft)
    1,000 SF
    Elevators
    N/A
    Total Rate
    2200

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Fully renovated 1,000 sq ft Airstream restaurant space available.
    • Located in Pensacola's vibrant Garden at Main + Palafox.
    • NNN lease; $2200 monthly rent; ideal for new food concepts.
    Location Intelligence

    Current Use by Public Records

    The Garden at Palafox + Main Restaurant Perennial Patio Bar Bar Frostyworld Gelato Ice Cream Shop Downtown Dessert Bar Ice Cream Shop Fort George Tourist Attraction

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.180303
    Latitude
    30.424761

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Pensacola Restaurant, 1000 sq ft.
    Where is this restaurant located?
    The property is located at 501 S Palafox St Pensacola, FL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Fully renovated 1,000 sq ft Airstream restaurant space available.; Located in Pensacola's vibrant Garden at Main + Palafox.; NNN lease; $2200 monthly rent; ideal for new food concepts.
    (850) 434-7500
    Request Owner's contact information
    501 S Palafox St Pensacola, FL 32502
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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

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    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
    501 S Palafox St Pensacola, FL 32502
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