16 West La Rua Street Pensacola, FL 32501
Charming historic building in Pensacola's vibrant arts and culture scene.
- Added:
- Nov 21, 2025
- Days on Market:
- 233
- Last Refresh:
- May 8 at 10:29 pm
Property Features for 16 West La Rua Street
General Information
- Standard status
- Active
- Size
- 3,038 SF
- Property subtype
- Office
Building Details
- Year Built
- 1900
Listing office Bellcore Commercial LLC (850) 232-2587
Listing date Nov 21, 2025
Source Bellcorecommercial
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 Bellcore Commercial LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of the Pensacola area, offering access to a thriving arts and culture scene, renowned eateries, galleries, and boutiques.
- Versatile PR‑2 zoning allows for office, creative, or loft space.
- Charming 3,038 SF historic building built in 1900, brimming with character and unique architectural details.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.2k | $25.08 |
| − Vacancy | −$7.9k | −$2.59 |
| EGI | $68.3k | $22.49 |
| − OpEx | −$17.1k | −$5.62 |
| NOI | $51.2k | $16.87 |
