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Downtown Office Suite
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2 North Palafox Street, Pensacola, FL 32502

Suite 232 offers approximately 345 SF of office space with elevator or stair access and shared restroom facilities.

Space SizeContact for details
Property Size345 SF
Days on Market131

Property Features for 2 North Palafox Street

General Information

Standard status Active
Size 345 SF
Property subtype OFFICE
Lease Type SF/yr

Spaces For Lease

at 2 North Palafox Street Contact us

2 North Palafox Office Suites $30/SF/Yr

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Listing Agency: SVN | Southland Commercial Real Estate
Listed By: Edie K. Humphrey · License ##BK665486
Source: Moodyscre
Added: Mar 29 Changed: Jul 28 Last Checked: Aug 6 at 11:56AM

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.

Suite 232 is an estimated 345-square-foot office space within a downtown office setting, accessible by either elevator or stairs. The suite includes shared common restroom facilities.

The space is located at the corner of North Palafox Street and Garden Street in downtown Pensacola. NNN expenses apply, and CAM includes electricity and garbage.

As a small, centrally accessed office suite, Suite 232 is suited for businesses seeking a compact workspace within a multi-suite environment.

Key Highlights

  • Suite 232 is approximately 345 SF of office space in downtown Pensacola at the corner of Palafox and Garden Sts
  • Suite 232 has access by stairs or elevator
  • Includes several common restroom facilities

Property Analytics

Current Use

Intelligent Retinal Imaging ... Medical Clinic LOCALiQ Advertising Agency Pensacola News Journal Publishing House Pensacola Administrative Services Home Health Care Service Vinyl Music Hall Music Venue

Suggested Use

Top Pick Auto Parts Store Storage Facility Auto Repair Shop Dental Office Grocery & Convenience Store Daycare Center

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

Location Intelligence

Trade Area within ½ mile

3,198
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

$46.96 /SF/Yr
Avg Asking Price
$4–$200 /SF/Yr
Price Range
5,809 SF
Avg Space Size

This space is priced 36% below the average of $46.96 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Suite 232 offers approximately 345 SF of office space with elevator or stair access and shared restroom facilities.
Where is this office units located?
The property is located at 2 North Palafox Street Pensacola, FL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Suite 232 is approximately 345 SF of office space in downtown Pensacola at the corner of Palafox and Garden Sts; Suite 232 has access by stairs or elevator; Includes several common restroom facilities
(850) 221-3686 Call to check price and availability
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