This stunning 1,757 sq ft renovated historic office building, originally built in 1908 and updated in 1980, is located at 320 W Cervantes St, Pensacola, FL 32501, within the North Hill Preservation District (PR-2 zoning). The property boasts five spacious offices, a nicely updated kitchen, two restrooms (one with a shower), and two storage rooms. A bonus sunroom with an ADA-compliant wheelchair ramp adds to its appeal. The 2023 HVAC upgrade ensures modern comfort. The building retains beautiful original architectural details including wood molding, hand-carved fireplaces (five, capped-off), original wood doors and hardware, leaded glass windows, 11-foot ceilings, and refinished hardwood floors. A welcoming front and side porch enhance its historic charm. The property includes five dedicated parking spaces and a shared driveway easement. Its prime location on Cervantes Street, between Reus and Barcelona Streets, offers high visibility and easy access to downtown amenities and a diverse mix of professional businesses. This income-generating property, situated on a 0.2177 acre lot, presents a unique investment opportunity with a net size of 1,757 sq ft and a total building size of 2,477 sq ft. The asking price is $370,000, generating a net operating income of $27,300. This is an ideal addition to any investor's portfolio seeking long-term, stable income.
Highlights
1,757 SF renovated historic building in Pensacola, FL, generating $27,300 net operating income.
Prime location on Cervantes Street, near downtown, with five parking spaces and high visibility.
Features five offices, updated kitchen, two restrooms (one with shower), and two storage rooms; HVAC upgraded 2023.
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
Nearby Similar for Sale
For Sale
$499,000
Pensacola Office Building - Sale/Lease
Prime Pensacola office space, ideal for various uses.
The property is located at 320 W Cervantes St Pensacola, FL.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 1,757 SF renovated historic building in Pensacola, FL, generating $27,300 net operating income.; Prime location on Cervantes Street, near downtown, with five parking spaces and high visibility.; Features five offices, updated kitchen, two restrooms (one with shower), and two storage rooms; HVAC upgraded 2023.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
320 W Cervantes St Pensacola, FL 32501
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
320 W Cervantes St
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.