Office and Retail Building with
For Sale
Contact for pricing
Pending
180 N Palafox St., Pensacola, FL 32502
Multi-building office/retail property includes vacant space at 180 N Palafox and additional second-floor bonus area.
Property Size24,867 SF
Days on Market49
Property Features for 180 N Palafox St.
General Information
Standard status
Pending
Size
24,867 SF
Property subtype
Office
Amenities
balcony
Building Details
Year Built
1944
Year Renovated
2004
Tenancy
Multi
Listing Agency:
Stirling Properties, LLC
Listed By:
Debbie Anglin · License #FL 581748
(850) 477-7044
Source:
Crexi
Added: Jul 21
Changed: Sep 4
Last Checked: Sep 5 at 11:12PM
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 Stirling Properties, LLC
Investment Insights
Based on property information with market context.
Originally built in 1944 and renovated in 1971, 1980, and 2004, this multi-building downtown Pensacola property includes 180 N Palafox St. (10,023 SF), 186 N Palafox St. (6,432 SF), and 7 E Gregory St. (2,850 SF in two units). 180 N Palafox is vacant and ready for immediate occupancy, while 186 N Palafox is leased to a government entity and the two Gregory units are leased on a month-to-month basis.
The seller also retains rights to use a parking field on designated days. A bonus second-floor area is included: 1,215 SF of second-floor storage and 4,347 SF of second-floor space above 180 N. Palafox with balcony, described as untouched for many years and positioned for redevelopment.
The seller also retains rights to use a parking field on designated days. A bonus second-floor area is included: 1,215 SF of second-floor storage and 4,347 SF of second-floor space above 180 N. Palafox with balcony, described as untouched for many years and positioned for redevelopment.
Key Highlights
- Downtown Pensacola multi‑building office/retail property with space at 180 N Palafox St, 186 N Palafox St, and 7 E Gregory St
- 180 N Palafox St (10,023 SF) is vacant and ready for immediate occupancy
- Bonus second‑floor area includes 1,215 SF storage plus 4,347 SF 2nd floor space above 180 N Palafox St with balcony
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,344
Businesses Nearby
Explore this area
Business Placement
Demographics for 32502, FL
4,277
Population
2,582
Households
1.7
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
1,584
Density / Sq Mi
$67,548
Median Household Income
$41,011
Median Earnings
$1,313
Median Rent
$229,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-building office/retail property includes vacant space at 180 N Palafox and additional second-floor bonus area.
Where is this office building located?
The property is located at 180 N Palafox St. Pensacola, FL.
What are key features of this property?
This property features: Downtown Pensacola multi‑building office/retail property with space at 180 N Palafox St, 186 N Palafox St, and 7 E Gregory St; 180 N Palafox St (10,023 SF) is vacant and ready for immediate occupancy; Bonus second‑floor area includes 1,215 SF storage plus 4,347 SF 2nd floor space above 180 N Palafox St with balcony
