Property summary
This exceptional 1,924-square-foot restaurant space presents a remarkable opportunity in Pensacola's vibrant DeVilliers Neighborhood, situated near the Belmont and downtown areas. The single-tenant property boasts a convenient location within a thriving community offering diverse amenities and attractions. Located at 500 W Jackson St, Pensacola, FL 32501, this property sits on a 5,156-square-foot lot and is zoned R-NCB. The building is a single-story structure that underwent a complete renovation in 2024. A significant investment is being offered by the landlord: $150,000 will be allocated towards upgrading the Mechanical, Electrical, and Plumbing (MEP) systems, ensuring a move-in ready space for a discerning restaurateur. This substantial investment minimizes upfront costs and allows for immediate focus on establishing a successful culinary venture. The property's prime location and the landlord's commitment to modernization make this an unparalleled opportunity to establish a thriving restaurant in a highly desirable Pensacola neighborhood. This is a turnkey opportunity for a restaurant owner looking for a fully renovated space in a high-traffic area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The medium-density residential land use district is established for the purpose of providing a mixture of one- and two-family dwellings with a maximum density of 17.4 dwelling units per acre. Recognizing that, for the mo…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-1B · Pensacola, FLThe medium-density residential land use district is established for the purpose of providing a mixture of one- and two-family dwellings with a maximum density of 17.4 dwelling units per acre. Recognizing that, for the mo…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The medium-density residential land use district is established for the purpose of providing a mixture of one- and two-family dwellings with a maximum density of 17.4 dwelling units per acre. Recognizing that, for the mo…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1B in Pensacola, FL.
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