For Sale
$1,580,000

186 N Palafox Street Pensacola, FL 32502

Turnkey Restaurant, 10,675 SF, Below Market Rent

Source: https://www.saltercompany.com

Overview

Added:
Feb 7
Days on market:
77
This exceptional turnkey restaurant opportunity spans 10,675 square feet and is located in a prime downtown Pensacola location at 186 N Palafox Street, 32502, Escambia County, Florida. The property sits on approximately 1.09 acres and offers an extremely attractive below-market rental rate. The sale price is $1,580,000. The total building size is 10,928 square feet. All restaurant furniture, fixtures, and equipment are included, representing a first-class, ready-to-operate establishment. This is a confidential listing; the exact address will be disclosed upon execution of a non-disclosure agreement. Serious inquiries only. This is a rare opportunity to acquire a fully operational restaurant in a highly desirable location with significant cost savings on rent. The property is categorized as a restaurant, and also falls under the broader categories of other retail properties, individual retail properties, and retail properties.

Highlights

  • Prime downtown Pensacola location, offering a 10,675 sq ft turnkey restaurant.
  • Exceptional below-market rent included in the $1,580,000 sale price.
  • Fully equipped with all furniture, fixtures, and equipment; ready to operate immediately.

Property Details for 186 N Palafox Street

Property type
Retail properties
Square Feet
10,928 SF
Price / Square Foot
$144.58
Class
C
Buildings
1
Stories
2
Elevators
N/A
Net Rentable (sq. ft)
10,675 SF
Lot Size (sq. ft)
47,736 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, 10,675 SF, Below Market Rent
Where is the retail property located?
The property is located at 186 N Palafox Street Pensacola, FL.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Prime downtown Pensacola location, offering a 10,675 sq ft turnkey restaurant.; Exceptional below-market rent included in the $1,580,000 sale price.; Fully equipped with all furniture, fixtures, and equipment; ready to operate immediately.
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.
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186 N Palafox Street
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