Multi-Level Downtown Retail
For Lease
Contact for pricing
26 Palafox Pl, Pensacola, FL 32502
Flexible first-floor showroom plus upper-level workspace with vault and display cases for customer-facing concepts.
Property Size5,526 SF
Days on Market56
Property Features for 26 Palafox Pl
General Information
Standard status
Active
Size
5,526 SF
Property subtype
RETAIL
Building Details
Stories
2
Listing Agency:
SNS Realty, Inc.
(850) 206-2140
Listed By:
Chris Bouchard
(850) 206-2140
Source:
Moodyscre
Added: Jun 8
Changed: Jul 10
Last Checked: Aug 1 at 7:54AM
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 SNS Realty, Inc.
Investment Insights
Based on property information with market context.
This multi-level retail space is anchored by a large front showroom designed for strong street presentation. Existing display cases and a secure, bank-style vault remain in place, creating adaptable infrastructure for a range of retail, showroom, or other customer-facing concepts. Behind the showroom, the layout includes a secondary entrance adjacent to the Jefferson Street parking garage, office and workspace areas, a kitchenette, and two restrooms, with a curved staircase providing access to the second level.
The second level features additional workspace, a private office, and a large open area that can support a variety of operational needs. The property also offers rear alley access for added flexibility. Located on Palafox Street in Downtown Pensacola, the space benefits from the pedestrian environment shaped by the newly completed Palafox improvement project, which included stormwater management, ADA upgrades, expanded sidewalks, and aesthetic enhancements.
For the next tenancy, the property is being marketed as a turnkey location with both storefront frontage and internal workspace distribution. It is available for occupancy in Q4 2026. The landlord notes that jewelry store uses will not be considered, and current tenant operations should not be disturbed; all showing requests must be coordinated through the broker.
The second level features additional workspace, a private office, and a large open area that can support a variety of operational needs. The property also offers rear alley access for added flexibility. Located on Palafox Street in Downtown Pensacola, the space benefits from the pedestrian environment shaped by the newly completed Palafox improvement project, which included stormwater management, ADA upgrades, expanded sidewalks, and aesthetic enhancements.
For the next tenancy, the property is being marketed as a turnkey location with both storefront frontage and internal workspace distribution. It is available for occupancy in Q4 2026. The landlord notes that jewelry store uses will not be considered, and current tenant operations should not be disturbed; all showing requests must be coordinated through the broker.
Key Highlights
- Multi‑level Downtown Pensacola commercial space with a large front showroom on Palafox St.
- Includes existing display cases and a secure, bank‑style vault for flexible customer‑facing use.
- Approx. 5,526 SF total: 3,800 SF first floor and 1,726 SF second floor.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,145
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Hotels & Casinos 47%
Holiday Inn Express Pensacola Downtown
Hotels & Casinos
4,565 visits/mo
0.3 miles
Regions Bank
Shops & Services
3,554 visits/mo
0.2 miles
Truist
Shops & Services
1,610 visits/mo
0.2 miles
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
$16.28 /SF/Yr
Avg Asking Price
$8.5–$23 /SF/Yr
Price Range
17,558 SF
Avg Space Size
This space is priced 115% above the average of $16.28 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible first-floor showroom plus upper-level workspace with vault and display cases for customer-facing concepts.
Where is this retail space located?
The property is located at 26 Palafox Pl Pensacola, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Multi‑level Downtown Pensacola commercial space with a large front showroom on Palafox St.; Includes existing display cases and a secure, bank‑style vault for flexible customer‑facing use.; Approx. 5,526 SF total: 3,800 SF first floor and 1,726 SF second floor.
