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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 1,000 SF restaurant space in vibrant downtown Pensacola.

    Lot size:
    1,000 SF

    Description

    Added:
    Mar 3, 2025
    Days on Market:
    309
    This exceptional 1,000-square-foot restaurant space, located on the first floor of The Garden at Main + Palafox in Pensacola, Florida (zip code 32502), presents a unique opportunity for a food and beverage establishment. Housed within a stylish Airstream trailer, this turnkey space is ideally situated within a bustling outdoor area that fosters a lively atmosphere for dining, socializing, and relaxation. The Garden itself attracts a diverse clientele, including local residents, downtown business professionals, and tourists, creating a consistent flow of potential customers. The lease is a triple net (NNN) lease with a term of 3-4 years, and the monthly rent is $2,200. The space offers a ready-made platform to establish a new culinary concept or expand an existing one, benefiting from the high foot traffic and established appeal of its location. This is a chance to become part of a thriving downtown Pensacola destination. The property is located at 501 S Palafox St, Pensacola, FL 32502. The usable square footage is 1,000 square feet.

    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
    Lease Term
    3-4 Years

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime 1,000 sq ft Airstream restaurant space available in Pensacola, FL.
    • Located in The Garden at Main + Palafox, a vibrant downtown destination.
    • NNN lease, 3‑4 year term, $2200 monthly rent.
    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 1,000 SF restaurant space in vibrant downtown Pensacola.
    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: Prime 1,000 sq ft Airstream restaurant space available in Pensacola, FL.; Located in The Garden at Main + Palafox, a vibrant downtown destination.; NNN lease, 3-4 year term, $2200 monthly rent.
    (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

    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
    501 S Palafox St Pensacola, FL 32502
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