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Waterfront Restaurant Real Estate Opportunity
For Sale
Contact for pricing
Pending

905 E Gregory St, Pensacola, FL

Prime Pensacola restaurant location with waterview dining and ample parking.

Property Size8,350 SF
Lot Size1.45 Acres
Days on Market271

Property Features for 905 E Gregory St

General Information

Standard status Pending
Size 8,350 SF
Lot size 1.45 Acres
Property subtype RETAIL
Listing Agency: SVN | Southland Commercial Real Estate
Listed By: Michael Carro · License ##BK3179263
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 22 at 9:59AM

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 SVN | Southland Commercial Real Estate

Investment Insights

Based on property information with market context.

The real estate, land, and improvements are for sale, offering a long-established restaurant and bar location in Pensacola, Florida. The sale excludes restaurant operations and FF&E. This uniquely positioned waterfront location features waterview dining and a seating capacity of over 345. Recent renovations and service upgrades have been completed. Ample parking is available. The location has been locally known for decades and benefits from growing tourism synergy. It is within walking distance of Pensacola Historic Seville Square, offering excellent visibility and access. The restaurant location is situated within a heavy growth corridor of Pensacola, surrounded by rich history, luxury homes, national retailers, and entertainment venues. The building includes a large full-service kitchen, prep stations, and multiple dining areas. A separate bar room provides bar stool and tabletop service potential. Open-air balconied porches offer an elegant waterview setting. The property also features expansive dining rooms and private meeting space. The property size is 8350 square feet.

Key Highlights

  • Waterview dining location
  • Seating capacity of over 345
  • Recent renovations and service upgrades

Property Analytics

Current Use

South Market Restaurant

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Storage Facility Pharmacy Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby
159k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Groceries 26% Shops & Services 20% Hotels & Casinos 2%
Publix Groceries
41,985 visits/mo 0.5 miles
Whataburger Dining
20,893 visits/mo 0.4 miles
Circle K Shops & Services
15,874 visits/mo 0.2 miles
Starbucks Dining
15,534 visits/mo 0.4 miles
Circle K Shops & Services
15,279 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Hot Spot Catering 823 E Gadsden St, Pensacola, FL 32501

Frequently Asked Questions

What type of property is this?
Restaurant - Prime Pensacola restaurant location with waterview dining and ample parking.
Where is this restaurant located?
The property is located at 905 E Gregory St Pensacola, FL.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Waterview dining location; Seating capacity of over 345; Recent renovations and service upgrades
(850) 380-3344 Call to check price and availability
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