For Sale
$350,000

7050 Palafox StPensacola, FL 32503

Profitable auto shop, vacant, ready for new owner.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a vacant, fee-simple owned auto shop located at 7050 N Palafox St, Pensacola, FL 32503. The property, built in 2004, boasts a total of 2,272 square feet across two single-story buildings situated on a half-acre corner lot. The asking price is $350,000, translating to $154.05 per square foot. The property features ample parking with 55 spaces and is zoned HDMU. The existing structure includes a 1,072 square foot sales office complete with a large reception area and two private offices. Additionally, there are two covered repair areas, one equipped with a lift, and a 1,200 square foot shop containing a paint booth. All furniture, fixtures, and equipment—including tools, office computers, and auto analysis equipment—are included in the sale (see attached inventory list). This turnkey operation is conveniently located one block south of Burgess Road, within a cluster of used car lots along Palafox Street. The previous owner is retiring, making this a prime opportunity for a new business to establish itself in a well-established commercial area. The property is currently vacant and ready for immediate occupancy.

Highlights

  • Vacant, fee-simple owned auto shop on a half-acre corner lot in Pensacola, FL.
  • 2,272 square foot building (two single-story structures) built in 2004, asking $350,000 ($154.05/SF).
  • 55 parking spaces and HDMU zoning.
  • Includes 1,072 SF sales office, two covered repair bays (one with a lift), and a 1,200 SF shop with a paint booth.
  • All FF&E (including tools and equipment) included; turnkey operation.

Property Details for 7050 Palafox St

Property type
Retail properties, Auto shops
Square Feet
2,272 SF
Class
B
Year Built
2004
Buildings
2
Stories
1
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4951356
Longitude
-87.253544
7050 Palafox St, Pensacola, Florida

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7050 Palafox St
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