Vacant Restaurant on Pensacola
6707 Pensacola Blvd Pensacola, FL 32505
6707 Pensacola Blvd, Pensacola, FL, 32505
$2,000,000
For Sale
$2,000,000
4,950 SF Vacant Restaurant, Updated Interior
Property Size4,950 SF
Price / SF$404.04
AddedFeb 25
Days on Market139
Last RefreshApr 8 at 2:26 pm
Property Features for 6707 Pensacola Blvd
General Information
- Standard status
- Active
- Property type
- Mixed-use properties
- Size
- 4,950 SF
- Class
- C
Building Details
- Year Built
- 1984
- Year Renovated
- 2020
Listing agent Faith License #BK3551079 (850) 889-2571
Listing office FMIG (850) 889-2571
Listing date Feb 25, 2026
Investment Insights
Based on property information with market context.
This 4,950 square foot vacant restaurant building is located on Pensacola Boulevard, a high-traffic area with approximately 39,000 vehicles per day. The property offers visibility and accessibility. Constructed in 1984 and renovated in 2020, the two-story building features a full kitchen with functional equipment and two dining areas. The building includes approximately 4,300 square feet of base area, 650 square feet of average office space, 156 square feet of finished open porch, and 650 square feet of finished utility space. The interior has recently updated appliances. Limited existing furniture, fixtures, and equipment are included in the sale. The building's construction includes brick-face veneer exterior walls, tile flooring, a slab-on-grade foundation, central HVAC, and a metal/modular roof. The property also includes easements to neighboring Splash City Adventures and AMC Classic Theatres. The property features asphalt pavement, concrete walks, and a vinyl fence. The property's zoning allows for restaurant use. The location benefits from a dense retail corridor with numerous national brand neighbors, including Waffle House, McDonald's, Smokey's BBQ, Captain D's, AMC Classic Theatres, Pizza Hut, and Whataburger. The high volume of traffic from nearby dealerships, including Hill-Kelley Dodge Chrysler Jeep Ram, enhances the property's potential.
Key Highlights
- 4,950 SF vacant restaurant building on high‑traffic Pensacola Boulevard (approx. 39,000 VPD), offering excellent visibility and accessibility.
- Includes limited FF&E; recently updated interior with new appliances. Building features a full kitchen, two dining areas, brick‑face veneer exterior, tile flooring, and central HVAC.
- Two‑story building (4,300 SF base area, 650 SF office, 156 SF porch, 650 SF utility space) with asphalt pavement, concrete walks, and vinyl fence. Built in 1984, renovated in 2020.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.9k | $21.60 |
| − Vacancy | −$12.8k | −$2.59 |
| EGI | $94.1k | $19.01 |
| − OpEx | −$35.3k | −$7.13 |
| NOI | $58.8k | $11.88 |
4,950 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$840.1K
$735.1K – $980.1K
NOI $58,806 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,693 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - 4,950 SF Vacant Restaurant, Updated Interior
Where is this mixed-use property located?
The property is located at 6707 Pensacola Blvd Pensacola, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 4,950 SF vacant restaurant building on high‑traffic Pensacola Boulevard (approx. 39,000 VPD), offering excellent visibility and accessibility.; Includes limited FF&E; recently updated interior with new appliances. Building features a full kitchen, two dining areas, brick‑face veneer exterior, tile flooring, and central HVAC.; Two‑story building (4,300 SF base area, 650 SF office, 156 SF porch, 650 SF utility space) with asphalt pavement, concrete walks, and vinyl fence. Built in 1984, renovated in 2020.
