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Downtown Office and Warehouse Space
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119 E Gregory St, Pensacola, FL 32502

Office and warehouse space with private parking and rolling doors.

Space Size4,290 SF - 4,598 SF
Property Size8,888 SF
Days on Market910

Property Features for 119 E Gregory St

General Information

Standard status Active
Size 4,290 SF - 4,598 SF
Class B
Total Parking Spaces 30
Property subtype Office, Industrial, Special Purpose
Lease Type NNN

Building Details

Building Size 8,888 SF
Year Built 1940
Tenancy Multiple

Spaces For Lease

at 119 E Gregory St Contact us

Suite: A

Size
4,598 SF
Type
Industrial, Office
Lease Type
NNN
Availability
Active
Contact us

Suite: Warehouse Space

Size
4,290 SF
Type
Industrial, Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Alliance Real Estate
Listed By: Daniel Hua · License #FL SL3527144
Source: Crexi
Added: Mar 6, 2024 Changed: Aug 27 Last Checked: Aug 31 at 10:59PM

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 Alliance Real Estate

Investment Insights

Based on property information with market context.

This commercial property features professional office space and warehouse space in a downtown location. The property is conveniently located close to the I-110 Interstate. It offers private parking. The warehouse includes 4 rolling doors, suitable for storage or a small business showroom or sales. It is suitable for an engineering office or construction company office/yard.

Key Highlights

  • Convenient downtown location with easy access to I‑110.
  • Ample private parking.
  • Warehouse with 4 rolling doors.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Daycare Center Locksmith Storage Facility Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,269
Businesses Nearby

Demographics for 32502, FL

4,277
Population
2,582
Households
1.7
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
1,584
Density / Sq Mi
$67,548
Median Household Income
$41,011
Median Earnings
$1,313
Median Rent
$229,000
Median Home Value

Market

Lease Benchmarks for Pensacola, FL

$45.35 /SF/Yr
Avg Asking Price
$9.6–$200 /SF/Yr
Price Range
5,062 SF
Avg Space Size

This space is priced 67% below the average of $45.35 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office and warehouse space with private parking and rolling doors.
Where is this office units located?
The property is located at 119 E Gregory St Pensacola, FL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Convenient downtown location with easy access to I‑110.; Ample private parking.; Warehouse with 4 rolling doors.
(850) 516-9967 Call to check price and availability
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