Current Use by Public Records
- Mark Lee Smith Pa / Law Firm
- Sandra J Ward Realty, Inc. / Real Estate Agency
- Carlton Palms Condominium / Condominium Complex
- ALVINA PATIN, SANDRA J. WARD REALTY, INC / Real Estate Agency
- Rachael Osburn / Real Estate Agency
Property Details for 224 Garden St
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
This exceptional 916 sq ft Class A mixed-use property, located at 224 E Garden St #5, Pensacola, FL 32502, is a fully renovated, 100% occupied, owner-user investment opportunity. Boasting a 12-foot ceiling height, porcelain tile flooring, and modern finishes throughout, the suite includes a reception area, two private offices, a spacious conference room, and a break/printer room. Multiple access points via glass storefront doors enhance convenience. Amenities include access to an indoor and outdoor pool, and the HOA fee covers water, power, trash, property insurance, security, and parking lot maintenance. The property features a C-2A Downtown Retail Commercial zoning designation. The building, renovated in 2024, offers a pro-forma cap rate of 8.00%. Its prime location provides convenient access to the I-10 Interstate on-ramp. This single-story building presents a unique blend of executive office and retail space, ideal for a discerning owner-occupant. The asking price is $364,900.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2115
- Latitude
- 30.4143
