Updated Live-Work and Office
For Sale
Contact for pricing
9 E STRONG ST, Pensacola, FL 32501
Updated 1941 property with multiple rooms suited for office, meeting, studio, or residential living options.
Property Size1,306 SF
Price / SF$305.51
Days on Market61
Property Features for 9 E STRONG ST
General Information
Standard status
Active
Size
1,306 SF
Property subtype
RETAIL
Building Details
Year Built
1941
Listing Agency:
Connell & Company Realty
(850) 292-3165
Listed By:
Angela Sherrill
(850) 292-3165
Source:
Moodyscre
Added: Jun 2
Changed: Jul 29
Last Checked: Jul 31 at 9:50AM
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 Connell & Company Realty
Investment Insights
Based on property information with market context.
This updated 1941 property is offered for sale with flexible interior space across multiple rooms. The layout supports a range of uses, including offices, meeting areas, studios, and residential living, making it well-suited for live/work configurations or professional space needs.
The property is located at 9 E Strong St in Pensacola, just blocks from downtown restaurants, shopping, professional offices, galleries, and entertainment venues.
For buyers and investors looking for a distinctive mixed-use style building with adaptable room configurations, this property provides a single asset that can support residential, professional office, boutique business, or mixed-use investment objectives based on the space provided.
The property is located at 9 E Strong St in Pensacola, just blocks from downtown restaurants, shopping, professional offices, galleries, and entertainment venues.
For buyers and investors looking for a distinctive mixed-use style building with adaptable room configurations, this property provides a single asset that can support residential, professional office, boutique business, or mixed-use investment objectives based on the space provided.
Key Highlights
- Updated 1941 property with multiple rooms for office, meeting areas, studios, or residential living
- Flexible layout suited for residential, live/work, professional office, boutique business, or investment use
- Downtown Pensacola location just blocks from restaurants, shopping, professional offices, galleries, and entertainment venues
Financial Insights For Office B
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 | $32.8k | $25.08 |
| − Vacancy | −$3.4k | −$2.59 |
| EGI | $29.4k | $22.49 |
| − OpEx | −$7.3k | −$5.62 |
| NOI | $22.0k | $16.87 |
1,306 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%
Alternative Uses
Best Use
Office B
$314.7K
$275.3K – $367.1K
NOI $22,026 @ 7.0% cap · market cap 5.52%
Second Best
Mixed Use
$221.6K
$193.9K – $258.6K
NOI $15,515 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$383.3K
$335.4K – $447.2K
NOI $26,831 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Updated 1941 property with multiple rooms suited for office, meeting, studio, or residential living options.
Where is this live-work space located?
The property is located at 9 E STRONG ST Pensacola, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Updated 1941 property with multiple rooms for office, meeting areas, studios, or residential living; Flexible layout suited for residential, live/work, professional office, boutique business, or investment use; Downtown Pensacola location just blocks from restaurants, shopping, professional offices, galleries, and entertainment venues
