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    1717 Government St Pensacola, FL 32502

    For Sale
    $219,900

    848 SF Flex Space, Updated, C-3 Zoning

    Property size:
    848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This charming 848-square-foot flex space, located at 1717 W Government St in Pensacola, Florida's Tanyard neighborhood (zip code 32502), presents a unique investment opportunity. Built in 1935 and extensively renovated in 2023, this Class B industrial property boasts a new roof, plumbing, and HVAC system, along with a termite bond. The property features a gas stove and a cast iron tub, adding character to the updated interior. Enjoy screened front and back porches, a front deck, and a convenient laundry room. The generous 0.17-acre lot, fully fenced, provides ample space for parking—easily accommodating a boat, RV, or multiple vehicles. Three mature oak trees grace the property. Its C-3 zoning allows for a variety of intensive business uses. The property's prime location places it within three blocks of Emerald Republic Brewery and walking distance to several popular restaurants including Pearl & Horn, Taste of Jerusalem, Camellia, and Oar House. Previously rented for $1,700 per month, this property offers significant potential for rental income or owner-occupancy. This is a rare blend of historic charm and modern functionality in a vibrant Pensacola neighborhood.

    Property Features for 1717 Government St

    General Information

    Property type
    Flex space
    Square Feet
    848 SF
    Class
    B
    Lot Size
    7,405 SF

    Building Details

    Year Built/Renovated
    1935/2023

    HighLights

    • $219,900 asking price for this 848 SF flex industrial property.
    • Located at 1717 W Government St, Pensacola, FL 32502, in Escambia County.
    • Class B building, 848 square feet, built in 1935, renovated in 2023.
    • 0.17‑acre lot with C‑3 zoning.
    • Features a new roof, plumbing, and HVAC system; termite bond; and a fenced yard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2368946
    Latitude
    30.4075374

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    FAQs

    What type of property is this?
    Flex space - 848 SF Flex Space, Updated, C-3 Zoning
    Where is this flex space located?
    The property is located at 1717 Government St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: $219,900 asking price for this 848 SF flex industrial property.; Located at 1717 W Government St, Pensacola, FL 32502, in Escambia County.; Class B building, 848 square feet, built in 1935, renovated in 2023.
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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
    1717 Government St Pensacola, FL 32502
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