For Sale
$2,150,000

216 - 220 Palafox Pl Pensacola, FL 32502

Historic Palafox Street, lucrative investment.

Source: https://www.saltercompany.com

Overview

Added:
Feb 5
Days on market:
79
This exceptional investment opportunity presents two adjacent, single-story office buildings totaling 4,405 square feet in Pensacola's vibrant downtown district, situated on a 0.13-acre lot with shared parking. The first building, encompassing 1,500 square feet, showcases charming exposed brick walls and high ceilings. The second building offers 2,811 square feet of versatile space. Both buildings are located at 216-220 S Palafox Pl, 32502, placing them in the heart of Pensacola's bustling business district along historic Palafox Street. The combined 4,405 square feet provides ample space for a variety of uses, making it an ideal investment for entrepreneurs and professionals seeking a prominent location. The property's prime location and versatile layouts offer significant potential for growth and return. The asking price for this exceptional downtown Pensacola office complex is $2,150,000. This is a rare opportunity to acquire a significant commercial property in a highly desirable location. The buildings' combined square footage offers flexibility for a single large tenant or the potential for multiple smaller tenants. The shared parking lot provides convenient access for employees and clients. This property represents a strong investment opportunity in a thriving downtown area.

Highlights

  • Two prime single-story office buildings totaling 4,405 square feet.
  • Located in Pensacola's vibrant downtown business district on historic Palafox Street.
  • Features a shared parking lot and sits on a 0.13-acre lot.

Property Details for 216 - 220 Palafox Pl

Property type
Residential offices, Office properties
Square Feet
4,405 SF
Price / Square Foot
$488.08
Class
C
Year Built
1900
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
5,817 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Residential office - Historic Palafox Street, lucrative investment.
Where is the residential office located?
The property is located at 216 - 220 Palafox Pl Pensacola, FL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two prime single-story office buildings totaling 4,405 square feet.; Located in Pensacola's vibrant downtown business district on historic Palafox Street.; Features a shared parking lot and sits on a 0.13-acre lot.
How can I contact the broker?
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216 - 220 Palafox Pl
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