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Downtown Pensacola Office Space Available
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517 N Baylen St, Pensacola, FL 32501

Class A office space for rent in downtown Pensacola.

Space Size7,252 SF
Days on Market153

Property Features for 517 N Baylen St

General Information

Standard status Active
Size 7,252 SF
Class A
Total Parking Spaces 35
Property subtype Office
Lease Type NNN

Building Details

Building Size 7,252 SF
Tenancy Single

Spaces For Lease

at 517 N Baylen St Contact us

Space 1

Size
7,252 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Levin Rinke Realty
Listed By: Danny Zimmern · License #BK3535963
Source: Crexi
Added: Mar 23 Changed: Aug 22 Last Checked: Aug 22 at 7:34AM

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 Levin Rinke Realty

Investment Insights

Based on property information with market context.

This Class C office building, constructed in 1964, offers a first-floor office opportunity in Pensacola's North Hill Preservation District, one block west of Palafox Street. The two-story building is situated on a corner lot, providing access and visibility. The property includes 35 surface parking spaces. The landlord is offering the space in its current layout but is open to discussing tenant improvements or a custom build-out. The space is suitable for professional services, medical offices, nonprofits, or administrative users seeking accessible downtown space with parking.

Key Highlights

  • Prime location in the desirable North Hill Preservation District, one block from Palafox Street.
  • Abundant on‑site parking with 35 surface spaces, a rare amenity in downtown Pensacola.
  • Exceptional access and visibility due to its prominent corner lot position.

Property Analytics

Current Use

Tim Taylor - Trident ... Loan Service

Suggested Use

Top Pick Dental Office Auto Parts Store Storage Facility Plumbing Service Locksmith Grocery & Convenience Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,621
Businesses Nearby

Demographics for 32501, FL

10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
Median Home Value

Market

Lease Benchmarks for Pensacola, FL

$20.9 /SF/Yr
Avg Asking Price
$15.88–$25 /SF/Yr
Price Range
29,186 SF
Avg Space Size

This space is priced 15% above 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
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Frequently Asked Questions

What type of property is this?
Office building - Class A office space for rent in downtown Pensacola.
Where is this office building located?
The property is located at 517 N Baylen St Pensacola, FL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime location in the desirable North Hill Preservation District, one block from Palafox Street.; Abundant on‑site parking with **35 surface spaces**, a rare amenity in downtown Pensacola.; Exceptional access and visibility due to its prominent corner lot position.
(850) 434-7777 Call to check price and availability
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