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Standalone Restaurant with Apartment

400 W Gregory Street Pensacola, FL 32502

400 W Gregory Street, Pensacola, FL, 32502
Contact for pricing
For Sale
Contact for pricing
Pending

Historic standalone restaurant building includes equipment and furniture, with a 580 sq ft upstairs apartment potential.

Days on Market102

Property Features for 400 W Gregory Street

General Information

Standard status
Pending
Property subtype
Special Purpose
Listing agency Florida Homes Rlty. & Mtg. LLC
Listed by Dominique Mahler · License #SL 3424388
Source Crexi
Added: Apr 11 Updated: Jul 20 at 6:13PM Checked: Jul 21 at 7:01AM

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 Florida Homes Rlty. & Mtg. LLC


Investment Insights

Based on property information with market context.

This historic, standalone building is currently set up as a restaurant and comes with equipment and furniture included in the sale. The space includes 2 full bathrooms and 1 half bath, with an allowed occupancy of 164. Effective year is 1970.

The property is zoned residential/neighborhood commercial. A Beer and Wine License and a Restaurant License are available for transfer. Liquor is permitted with the requirement that at least 51% of sales are food and that proper licensing is maintained.

In addition to the restaurant setup, there is potential rental income from a 580 sq ft upstairs apartment. A long-term tenant is currently in place, and the owner is willing to finance long term for a well-qualified buyer. Convenient access to the airport, I-10, and major retailers is noted, with the ocean within walking distance.

Key Highlights

  • Historic, stand‑alone building in downtown Pensacola currently set up as a restaurant
  • Restaurant sale includes equipment and furniture
  • Zoned residential/neighborhood commercial; liquor permitted with minimum 51% in food sales and proper licensing

Property Analytics

Location Intelligence

Current Use by Public Records

Circle K Grocery & Convenience Store ATM Atm

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Historic standalone restaurant building includes equipment and furniture, with a 580 sq ft upstairs apartment potential.
Where is this conventional restaurant located?
The property is located at 400 W Gregory Street Pensacola, FL.
What are key features of this property?
This property features: Historic, stand‑alone building in downtown Pensacola currently set up as a restaurant; Restaurant sale includes equipment and furniture; Zoned residential/neighborhood commercial; liquor permitted with minimum 51% in food sales and proper licensing
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