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Remodeled Office Building
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305 W Gregory St, Pensacola, FL 32502

Remodeled office property with reception, private offices, conference space, secure storage, and on-site parking.

Space Size3,296 SF
Days on Market25

Property Features for 305 W Gregory St

General Information

Standard status Active
Size 3,296 SF
Property subtype OFFICE
Lease Type Full Service

Space & Availability

Space Use Office
Sublease No
Private Offices 7
Meeting Rooms 1

Additional Details

Road Access Yes

Spaces For Lease

at 305 W Gregory St Contact us

Downtown Pensacola High Visibility Office Building For Lease $4,950/Mo

Size
3,296 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
No
Formerly the Pen Air Credit Union adjacent to the Downtown Pensacola library. This...
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Listing Agency: Coastal Realty Experts Pensacola
Listed By: John Avritt
Source: Moodyscre
Added: Aug 6 Changed: Aug 30 Last Checked: Aug 26 at 5:30AM

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 Coastal Realty Experts Pensacola

Investment Insights

Based on property information with market context.

Remodeled for office use, this 1978 building includes a reception area, an open workstation area configured for 4 workstations, 7 offices, and a large conference room. Additional improvements include a break room with kitchenette, 3 restrooms, signage, and 2 secure filing or storage areas, including a former bank vault. The property is currently occupied, with the existing tenant lease ending 09/30/2026.

The building occupies a corner parcel of over 1/2 acre with road frontage and access from both W Gregory St and Barcelona St. It is adjacent to the Downtown Pensacola library and one block from Garden Street, with restaurants and other downtown amenities within walking distance. Parking accommodates 20+ cars. BikeScore is 66, WalkScore is 0, and TransitScore is 34.

Key Highlights

  • 1978 office building remodeled for current office use
  • Reception area, 7 offices, 4‑workstation cubicle area, and large conference room
  • 2 secure filing or storage areas, including a former bank vault

Property Analytics

Current Use

Coastal Realty Experts, ... Real Estate Agency Tiffani TT Gilmore, ... Real Estate Agency JODIE CHEVILLET, COASTAL ... Real Estate Agency Buckhead Home Loans Loan Service David Steele, HomeSmart ... Real Estate Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Florist Grocery & Convenience Store Daycare Center Storage Facility

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,207
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

$20.9 /SF/Yr
Avg Asking Price
$15.88–$25 /SF/Yr
Price Range
27,462 SF
Avg Space Size

This space is priced 14% below the average of $20.9 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Remodeled office property with reception, private offices, conference space, secure storage, and on-site parking.
Where is this office building located?
The property is located at 305 W Gregory St Pensacola, FL.
What is the lease rate?
The lease rate is $4,950/Mo.
What are key features of this property?
This property features: 1978 office building remodeled for current office use; Reception area, 7 offices, 4‑workstation cubicle area, and large conference room; 2 secure filing or storage areas, including a former bank vault
(850) 449-7214 Call to check price and availability
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