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Mixed-Use Retail and Residential
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1511 Creighton Rd, Pensacola, FL 32504

Mixed-use property with three retail spaces and four residential units for income generation.

Property SizeContact for details
Days on Market124

Property Features for 1511 Creighton Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Multifamily Units 4
Listing Agency: Bay City Realty
Listed By: Mehdi Moeini, CCIM, CPM, MiCP · License #Florida BK3464565
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bay City Realty

Investment Insights

Based on property information with market context.

This mixed-use property includes three business retail spaces and four residential units, arranged together as a strip configuration. It is presented as an income-producing asset suitable for buyers seeking a combination of retail and residential cash flow.

The property is described as located in a high-density area with strong traffic counts, supporting ongoing storefront activity for the retail portions.

For prospective investors, the key operational takeaway is the mix of seven units total: three retail spaces plus four residential spaces within the same commercial offering.

Key Highlights

  • Mixed‑use property with 3 retail spaces and 4 residential units
  • Income‑producing setup featuring both retail and residential rental spaces
  • Located in a high‑density area with a strong traffic count

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom HVAC Service Electrical Service Dental Office

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Groceries 39% Shops & Services 7%
Winn-Dixie Groceries
24,534 visits/mo 0.5 miles
McDonald's Dining
21,283 visits/mo 0.5 miles
Hardee's Dining
6,336 visits/mo 0.4 miles
Cicis Dining
6,204 visits/mo 0.4 miles
Regions Bank Shops & Services
4,057 visits/mo 0.4 miles

Demographics for 32504, FL

21,791
Population
10,436
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
10.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$74,067
Median Household Income
$41,990
Median Earnings
$1,257
Median Rent
$242,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with three retail spaces and four residential units for income generation.
Where is this mixed-use property located?
The property is located at 1511 Creighton Rd Pensacola, FL.
What are key features of this property?
This property features: Mixed‑use property with 3 retail spaces and 4 residential units; Income‑producing setup featuring both retail and residential rental spaces; Located in a high‑density area with a strong traffic count
(850) 380-0877 Call to check price and availability
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