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    1851 St Mary Ave Pensacola, FL 32501
    Property profile & analytics

    1851 St Mary Ave, Pensacola, FL 32501

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    • Office Spaces
    • 7,140 SF
    • 0.49 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Office Spaces

    Property Details for 1851 St Mary Ave

    Year built
    1990
    Lot size
    0.49 lot acres
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This 7,140-square-foot Class B office building in Pensacola, Florida, presents a compelling investment opportunity. Located at 1851 St. Mary Ave, this single-story, 1990-built structure sits on a 0.487-acre lot and boasts a distinctive red-tiled roof and stucco exterior. The building features a covered walkway, ample landscaping, and over 50 parking spaces with painted bumpers, accessed via multiple drives from St. Mary Avenue. A secured rear yard provides additional privacy. The interior layout is highly adaptable, currently configured with twenty offices, five restrooms, a large (40' x 32') open area suitable for cubicles or training, and three (20' x 18') rooms ideal for conference use. The building's zoning is COM, and its APN is 172S301600131131. Its convenient mid-city location offers easy access to I-10 and I-110, as well as proximity to Escambia County Administrative services, Baptist Hospital, and Ascension Sacred Heart. The asking price is $2,200,000. This property is currently vacant, offering significant potential for multi-tenant leasing or use as a single corporate headquarters. The building's previous use included medical offices, and it features built-in reception desks with check-in windows and ample storage.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2373
    Latitude
    30.4415
    More about this property
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