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Pensacola Retail/Warehouse Investment Opportunity
For Sale
$650,000

2520 W Cervantes St, Pensacola, FL 32505

12,300 SF-Retail/WH For Sale

Property Size12,300 SF
Lot Size0.99 Acres
Price / SF$52.85
Days on Market570

Property Features for 2520 W Cervantes St

General Information

Standard status Active
Property type Other retail properties, Individual retail properties, Warehouses, Retail properties & Spaces, Industrial properties
Size 12,300 SF
Total Parking Spaces 50
Elevators N/A
Lot size 0.99 Acres

Building Details

Year Built 1939
Year Renovated 1970
Buildings 3
Stories 1
Units 4
Listing Agency:
Listed By: Paul
Added: Feb 7, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This Pensacola property features 12,300 square feet of combined retail and warehouse space. It is located on the corner of West Cervantes and North 'T' Street. The property includes two adjacent buildings totaling 12,300 square feet (6,594 SF and 5,706 SF). There are four units, all occupied by month-to-month tenants. A substantial parking area accommodates approximately 50 vehicles. There is also a vacant lot (71' x 152'). The property is situated on a 0.99-acre lot. It is suitable for investors seeking a high-return opportunity in a desirable Pensacola location. The existing tenants offer immediate cash flow, while the below-market rents and vacant lot present significant potential for future growth and value appreciation.

Property Analytics

Current Use

Kay Fashions Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Plumbing Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 32505, FL

28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Other retail property - 12,300 SF-Retail/WH For Sale
Where is this other retail property located?
The property is located at 2520 W Cervantes St Pensacola, FL.
What is the asking price?
The asking price for this property is $650,000.
More about this property
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