236 Garden StPensacola, FL 32502
- Office buildings
- 12,758 SF
Property Details for 236 Garden St
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.73 AC
- Property size (Sq ft)
- 12,758 SF
- Zone code
- C-2A
- Property type
- Office buildings
- APN
- 00-0S-00-9070-009-005
- APU
- 000S009070009005
Description
This exceptional commercial property, located at 236 W Garden St in Pensacola, Florida (32502), offers 2,633 square feet of leasable space within a larger 12,454 square foot building. The single-story building, constructed in 1954 and renovated in 2000, features a Class B designation and boasts 10-foot ceilings. The property sits on approximately 0.73 to 1 acre of land and is zoned C-2A (APN: 000S009070008005). The building comprises five total suites, offering a flexible layout suitable for multiple tenants. Its prime location at the intersection of W Garden and Chase Streets provides high visibility and accessibility, making it ideal for a variety of businesses. The property's strategic positioning within a thriving local economy presents a significant opportunity for growth and success. This is a rare opportunity to secure a well-maintained, conveniently located office space in the heart of downtown Pensacola. The property's traditional office layout is perfect for businesses seeking a professional and functional workspace.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,727,875
- 6.5%
- $1,594,962
- 7%
- $1,481,036
-
Comparable approach
- Method
- Valuation
- Relative Method
- $863,486
- Geo Method
- $906,966
-
Alternative Use
- Use
- Valuation
- Residential
- $1,977,752
- Hospitality
- $1,811,611
- Educational
- $1,507,239
- Medical
- $1,559,075
- Retail
- $2,344,594
Location Insight
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Latitude
- 30.4127
- Longitude
- -87.2197
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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