Property profile

201 E Government St Pensacola, FL 32502

FOR LEASE
Office buildings
Property ID
US18-4364429
10,648 SF 0.57 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space, located at 201 E Government St in the heart of Historic Downtown Pensacola, Florida (32502), offers a prime location for businesses seeking a professional and convenient workspace. The property, encompassing 10,236 square feet on a 0.57-acre lot, is zoned HC/LI (Escambia County APN: 000S009005001009) and features a total of 30 suites, providing flexibility for various business needs. Three suites are currently available, ranging in size from 200 to 3,278 square feet. Amenities include two well-equipped conference rooms, a welcoming reception area, a fully functional kitchen, and ample on-site parking. The building's central location offers easy access to a variety of local restaurants, shops, banks, and other office buildings, enhancing convenience and networking opportunities. Monthly lease rates apply

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,648 SF
Lot 0.57 ac (24,829 SF)
Zoning code HC-1
APN 00-0S-00-9005-001-009
UPID US18-4364429

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Business Service Center Corporate Office
  • Physician
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Law Firm

Location

201 E Government St Pensacola, FL 32502
Pensacola metro Census 801 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.03M
Blend (final) Blend
$1.66M

Owner & transaction history

since 2022
Last sale
$2.0M
3 recorded transactions
2022
$2.0M
2017
$1.0M
1999
$7,500

Zoning & alternative use

HC-1 · Pensacola, FL
Zoning description

The historic zoning districts are established to preserve the development pattern and distinctive architectural character of the district through the restoration of existing buildings and construction of compatible new b…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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