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Historic Office Loft

192-196 N Palafox St, Pensacola, FL 32502

For Lease
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Upstairs professional workspace with elevator service, private offices, and adaptable areas for focused or collaborative work.

Space Size6,860 SF
Days on Market63

Property Features for 192-196 N Palafox St

General Information

Standard status Active
Size 6,860 SF
Net Rentable 6,700 SF
Elevators Yes
Property subtype OFFICE
Lease Type NNN

Space & Availability

Available Space 6,700 SF
Contiguous Space 6,700 SF
Space Use Office
Meeting Rooms 1

Amenities

exposed brick walls
high ceilings
abundant natural light
open work areas
kitchen/break area
restrooms
flexible floor plan

Spaces For Lease

at 192-196 N Palafox St
PALAFOX HOUSE $21 – $22.50/SF/Yr
Floor 2nd
Size 6,860 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE
A distinctive upstairs newly constructed commercial loft at Palafox and Gregory Streets offers 6,860 RSF as a full-floor lease, or the option to lease 4,580 RSF (Suite 1). Featuring exposed brick, high beam ceilings, abundant natural light, private offices, a glass-enclosed conference room, open work areas, a kitchen and break area, and restrooms. Private Elevator access and a flexible floor plan make the space well suited for a corporate office, creative agency, professional services firm, design studio, or collaborative workspace. This is a unique opportunity for a business seeking a prominent downtown location with architectural character and room to create a customized working environment.
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Listing Agency: SVN | Southland Commercial Real Estate
Listed By: Michael Carro · License ##BK3179263
Source: Moodyscre
Added: Sep 8 Changed: Oct 25 Last Checked: Nov 8 at 8:04AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This upstairs office loft pairs historic architectural elements with a practical professional layout. Exposed brick, tall ceilings, and strong natural light shape the interior, while private offices, open work areas, and a glass-enclosed conference room support varied work styles. A kitchen and break area, restrooms, and elevator access add everyday functionality.

The flexible configuration can accommodate a corporate office, creative agency, professional services operation, design studio, or collaborative workspace. Located in downtown Pensacola, the property offers a character-rich setting for a business seeking an adaptable workplace.

Key Highlights

  • Distinctive upstairs office loft with historic architectural character
  • Exposed brick, high ceilings, and abundant natural light
  • Private offices plus open work areas

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Storage Facility Dental Office Building Supply Pharmacy

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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,385
Businesses Nearby

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

Lease Benchmarks for Pensacola, FL

$65.82 /SF/Yr
Avg Asking Price
$8.09–$261 /SF/Yr
Price Range
5,056 SF
Avg Space Size

This space is priced 68% below the average of $65.82 /SF/Yr.

Properties on Market for Office Units in Pensacola

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Upstairs professional workspace with elevator service, private offices, and adaptable areas for focused or collaborative work.
Where is this office unit located?
The property is located at 192-196 N Palafox St Pensacola, FL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Distinctive upstairs office loft with historic architectural character; Exposed brick, high ceilings, and abundant natural light; Private offices plus open work areas
(850) 380-3344 Call to check price and availability
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