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Two-Parcel Retail and Warehouse Building
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1620 W Cervantes St, Pensacola, FL 32501

Two parcels combine retail space and a warehouse, with additional land also available at the site.

Property Size16,069 SF
Price / SF$62.11
Days on Market256

Property Features for 1620 W Cervantes St

General Information

Standard status Active
Size 16,069 SF
Property subtype RETAIL

Additional Details

Asking Price $998,000
Warehouse Space 4,080 SF

Building Details

Buildings 2
Listing Agency: SVN | Southland Commercial Real Estate
Listed By: Michael Carro · License ##BK3179263
Source: Moodyscre
Added: Nov 18, 2025 Changed: Jul 30 Last Checked: Jul 31 at 1:07PM

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

Investment Insights

Based on property information with market context.

Two-parcel commercial property at 1620 W Cervantes St, Pensacola, FL 32501, offering space suited for a range of business uses. Parcel #1 is Retail (11,989 SF). Parcel #2 is a Warehouse (4,080 SF). Parcel #3 is land and is also available.

The site is positioned along Pensacola’s east-west corridor with frontage on W Cervantes St and access suited to on-site parking. The property is presented as a flexible option for either an owner-user or an investor seeking a single location to support retail, service, office, or specialty operations, with additional land included for expansion possibilities.

If you’re evaluating a combined retail-and-warehouse setup, the two-parcel configuration provides a straightforward way to operate from the existing structures while keeping room to add to the overall site footprint via Parcel #3.

Key Highlights

  • Parcel #1: Retail space, 11,989 SF
  • Parcel #2: Warehouse space, 4,080 SF
  • Parcel #3: Land available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

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

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

Demographics for 32501, FL

10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two parcels combine retail space and a warehouse, with additional land also available at the site.
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: Parcel #1: Retail space, 11,989 SF; Parcel #2: Warehouse space, 4,080 SF; Parcel #3: Land available
(850) 380-3344 Call to check price and availability
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