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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 Size3,325 SF
Days on Market224

Property Features for 517 N Baylen St

General Information

Standard status Active
Size 3,325 SF
Property subtype OFFICE

Spaces For Lease

at 517 N Baylen St
North Hill Office $21.25/SF/Yr
Floor First
Size 3,325 SF
Type OFFICE
Lease Type NET_NNN
Availability AVAILABLE
Exceptional class A first-floor office opportunity located in the highly desirable North Hill Preservation District, just one block west of Palafox Street in downtown Pensacola. Situated on a prominent corner lot, this well-positioned two-story office building offers outstanding access and visibility with abundant on-site parking - a rare downtown amenity. The available ground floor space consists of approximately 3,325 square feet and features a more open floor plan layout, allowing flexibility for collaborative workspace, bullpen configuration, or customized office buildout. The suite includes a private kitchenette and offers an efficient layout suitable for a wide range of professional office users with 4 private offices and 2 large areas that can accommodate systems furniture, conference tables, and training rooms. Landlord is offering the space in its current layout, however, Landlord is open to discuss tenant improvements / custom build out. With 35 surface parking spaces serving the building, tenants and clients benefit from convenient, dedicated parking directly onsite. Built in 1964, this Class C office building provides functional, quality space in one of Pensacola’s most established and walkable districts. Ideal for professional services, medical office, nonprofit, or administrative users seeking accessible downtown space with parking.
Contact us
Listing Agency: Levin Rinke Realty
Listed By: Danny Zimmern · License #BK3535963
Source: Moodyscre
Added: Feb 25 Changed: Oct 3 Last Checked: Oct 5 at 9:00PM

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

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Open Analytics

Current Use

Tim Taylor - Trident ... Loan Service

Suggested Use

Top Pick Dental Office Auto Parts Store Plumbing Service Storage Facility 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
$3.19 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Pensacola, FL

$22.42 /SF/Yr
Avg Asking Price
$15.88–$30 /SF/Yr
Price Range
11,373 SF
Avg Space Size

This space is priced 5% below the average of $22.42 /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 $21.25 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) 232-1944 Call to check price and availability
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