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1620 W Cervantes St Pensacola, FL 32501

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For Sale
$998,000

Value-add commercial property with retail and warehouse buildings for sale.

Type:Retail
Property size:
11,989 SF
Lot size:
1.25 Acres
Added:
Mar 6, 2026
Days on Market:
26
Last Refresh:
Mar 25 at 11:57 pm

Property Features for 1620 W Cervantes St

General Information

Standard status
Active
Size
11,989 SF
Lot size
1.25 Acres
Property subtype
Retail

Building Details

Year Built
1948

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Listing Contact
Michael Carro, CCIM
Michael Carro, CCIM

Listing agent Michael Carro, CCIM License #FL #BK3179263

Listing office SVN | Southland Commercial Real Estate

Listing date Mar 6, 2026

Source Southlandcommercial

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 SVN | Southland Commercial Real Estate


Overview

Redevelopment Opportunity in Pensacola, FL

This commercial property features two buildings on a 1.25± acre site, suitable for retail, service, or light industrial uses. The 11,989± square foot retail building has been fully gutted and is ready for redevelopment, with sewer already in place. It can be divided into up to seven individual retail suites. Additionally, there is a 3,600± square foot warehouse with 20-foot clear heights, featuring a grade-level roll-up door at the front and a dock-high loading door at the rear. This warehouse is well-suited for distribution, storage, or contractor use. Both buildings are in shell condition, lacking electrical, plumbing, and mechanical systems. The property is located on a busy east-west corridor with an AADT of 15,900 and is close to downtown Pensacola. The property consists of 4 combined lots.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pensacola
County
Escambia
State
Florida
Longitude
-87.2363
Latitude
30.4208

FAQs

What type of property is this?
Retail space - Value-add commercial property with retail and warehouse buildings for sale.
Where is this retail space located?
The property is located at 1620 W Cervantes St Pensacola, FL.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Value‑add commercial property priced to sell at $63.75/SF.; Features a large 11,989± SF retail building ready for redevelopment and a 3,600± SF warehouse.; Retail building can be divided into up to seven individual suites, with sewer already in place.
More about this property
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