For Sale
$370,000

320 W Cervantes StPensacola, FL 32501

1,757 SF Beautifully Renovated Historic Office Building For Sale

Source: https://www.saltercompany.com

Overview

Added:
Feb 3
Days on market:
60
Income Producing Renovated Historic Professional Building

This beautifully renovated historic building, originally constructed in 1908 and updated in 1980, offers timeless charm combined with modern functionality. Situated on Cervantes Street, the property enjoys exceptional visibility and exposure, making it ideal for professional or investment purposes.

HIGHLIGHTS

Five spacious offices

Kitchen (Nicely Updated)

Two restrooms, one featuring a shower (Well appointed)

Two storage rooms

HVAC / Heating System upgraded in 2023

Bonus sunroom at the rear with an ADA-compliant wheelchair ramp

Renovated Historic Stand-Alone

Income Producing

Historic Preservation District

Prime Commercial Corridor

Immediate to Downtown Business Core

Centralized, High Visibility Location

Situated on Cervantes Street, between Reus Street and Barcelona Street, within the North Hill Preservation District (PR-2 zoning)

Centrally located in the city limits, offering easy access to downtown and nearby amenities

Includes five dedicated parking spaces, with a shared driveway easement for easy ingress/egress

Surrounded by a diverse mix of professional service businesses, including medical, financial, and legal offices, enhancing the property’s appeal and accessibility for similar professional tenants

The building retains its stunning original architectural details, including:

Beautiful wood molding, casing, and trim work

Hand-carved mantled fireplaces (five, capped-off)

Original wood doors and hardware with transoms and leaded glass windows

Oversized windows providing abundant natural light

11-foot ceilings and refinished hardwood floors

A welcoming front porch and side porch with gingerbread accents, adding to the property’s historic charm.

This property represents a unique opportunity to own a charming, income-generating historic building in a high-visibility location. With its premium location and excellent condition, it’s an ideal addition to a savvy investor’s portfolio, offering the potential to generate long-term, stable income.

Property Details for 320 W Cervantes St

Property type
Residential offices, Office properties
Square Feet
2,477 SF
Price / Square Foot
$149.37
Class
B
Year Built/Renovated
1908/1990
Buildings
1
Stories
1
Total Parking Spaces
5
Elevators
N/A
Net Rentable (sq. ft)
1,757 SF
Lot Size (sq. ft)
9,486 SF
Net Operating Income
$27,300

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

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320 W Cervantes St
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