1825 N Palafox St - Retail/Office

1825 N Palafox St Pensacola, FL 32501

1825 N Palafox St, Pensacola, FL, 32501
1825 N Palafox St, Pensacola, FL, 32501
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$330,000
Last Verified:
Feb 20, 2021

Highlights

  • For sale

Description

This property is made up of 2 parcels:
.091 AC with a 2345 SF Building
.2525 Ac with a 3246 Building
The properties highest and best use would likely be redevelopment into Office or Retail use. The asset has great visibility with 120 feet of frontage on Palafox St and 125 feet on Lakview Ave. The property has great ingress egress with the opportunity for street side parking along Lakeview.

This asset is located in the Downtown Pensacola Area on North Palafox St. The 2 adjacent parcels sit on the hard corner of Palafox and Lakeview Avenue. This sits just one block away from the historical Coca-Cola Building which is slated for a major renovation. Escamiba county is growing rapidly with 1 Billion under construction and over 5,000 - 7,000 new jobs coming to the area.

Building Size: 5596sq ft
Building Class: C
Lot Size: 0.34 acres

Map of 1825 N Palafox St, Pensacola, FL, 32501

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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