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    608 E Wright St Pensacola, FL 32501

    For Sale
    $320,000

    Historic building in downtown Pensacola, ideal for retail or restaurant.

    Property size:
    918 SF
    Lot size:
    0.10 Acres

    Property Features for 608 E Wright St

    General Information

    Size
    918 SF
    Lot size
    0.10 Acres

    Source: Avenue Realty Agent Russell Gillis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Victorian-Style Cafe/Bistro Building

    Located in downtown Pensacola, this historic Victorian-style cafe and bistro building is near the Pensacola Civic Center and the Crown Plaza hotel, with retail, restaurants, and entertainment options within walking distance. The property features a U-shaped front porch, three rooms, one bathroom, and one kitchen room. Interior details include wood panel ceilings, original windows, and hardwood floors. The building includes a restaurant kitchen setup, complete with a range and hood vents. The back kitchen and storage area offer space for customization. An exterior door leads to a small fenced-in backyard suitable for outdoor dining. The 918-square-foot property is suited for a retail boutique, a cafe, or a restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Similar Places Nearby

    Angelena's Ristorante Italiano, Classic City Catering, Hot Spot Catering

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2246394
    Latitude
    30.4154472

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    FAQs

    What type of property is this?
    Restaurant - Historic building in downtown Pensacola, ideal for retail or restaurant.
    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 $320,000.
    What are key features of this property?
    This property features: - Prime downtown Pensacola location, steps from the Civic Center and Crown Plaza hotel.; - Historic Victorian-style building with original features like **wood panel ceilings, windows, and hardwood floors**.; - Existing restaurant kitchen setup with a **range and hood vents in place**.
    (850) 255-6191
    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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