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    16 La Rua St Pensacola, FL 32501

    For Sale
    $850,000

    Prime Pensacola Office, 3,038 SF, Vacant

    Property size:
    3,038 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,038 square foot office building presents a unique investment opportunity in the heart of Pensacola, Florida. Built in 1900, this two-story, Class C building boasts significant historical character and is situated on a 0.26-acre lot. Currently vacant, the property offers immediate occupancy and the chance to customize the space to suit a variety of needs. The building's PR-2 zoning allows for flexible use, making it ideal for creative office space, traditional office setups, or even a loft conversion. With a net rentable area of 3,038 square feet, the asking price is $850,000, translating to $279.79 per square foot. The property's prime location in Pensacola, combined with its historic charm and versatile zoning, presents a compelling opportunity for owner-users seeking a unique and well-positioned commercial space. The property's APN is 000S009010250020. This is a rare chance to acquire a piece of Pensacola history and shape its future. The building is located at 16 W La Rua St, Pensacola, FL 32501.

    Property Features for 16 La Rua St

    General Information

    Property type
    Office space
    Square Feet
    3,038 SF
    Class
    C
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    HighLights

    • Pensacola area property zoned PR‑2, allowing diverse uses.
    • Suitable for office, creative, or loft conversions.
    • Excellent Pensacola location.
    • Historic building offering modern renovation potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anderson James D ... Engineer Anderson Kathleen Attorney ... Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2174314
    Latitude
    30.4186524

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    FAQs

    What type of property is this?
    Office space - Prime Pensacola Office, 3,038 SF, Vacant
    Where is this office space located?
    The property is located at 16 La Rua St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Pensacola area property zoned PR-2, allowing diverse uses.; Suitable for office, creative, or loft conversions.; Excellent Pensacola location.
    Request Owner's contact information
    16 La Rua St Pensacola, FL 32501
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    Pensacola, FL 32501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 La Rua St Pensacola, FL 32501
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