Prime Downtown Pensacola Office

$2,195,000

216-220 South Palafox Place, Pensacola, FL 32502

For Sale

Office Building

Active

Last Updated: 05/16/2025

Details:

Building Size: 4,311 sqft

Lot Area: 0.278 acres

Class: A

Year Built: 1900

Offered by

Michael Carro

Investment Sales Broker

SVN | Southland

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Highlights:

Heart of Downtown Pensacola
2 Office Buildings
Managed Parking Lot Included: Generates approximately $40,000/yr NOI
1500 SF Office and Parking Lot Generate over $85,000 NOI
2811 SF Office is used by the Landlord and will be vacant at Sale

Description:

PRIME DOWNTOWN PENSACOLA: 216 & 220 S Palafox St AND 200 Blk S Jefferson St is in the heart of Pensacola's vibrant business district along historic Palafox Street. These two prime single-story office buildings and Managed Parking Lot offer a lucrative investment opportunity. 216 is 1,500 sf and 220 is 2,811 sf. Both have exposed brick walls and high ceilings. The buildings can be combined with 4311 SF of Prime Office Space. The parking lot generates approximately $40,000 per year in NOI. With their desirable location and versatile layouts, these buildings promise to be a cornerstone for entrepreneurs and professionals seeking a strategic foothold in Pensacola's bustling downtown scene.

PRIME DOWNTOWN PENSACOLA: 216 & 220 S Palafox Place AND 200 Blk S Jefferson St is in the heart of Pensacola's vibrant business district along historic Palafox Street. These two prime single-story office buildings and Managed Parking Lot offer a lucrative investment opportunity. 216 is 1,500 sf and 220 is 2,811 sf. Both have exposed brick walls and high ceilings. The buildings can be combined with 4311 SF of Prime Office Space. The parking lot generates approximately $40,000 per year in NOI. With their desirable location and versatile layouts, these buildings promise to be a cornerstone for entrepreneurs and professionals seeking a strategic foothold in Pensacola's bustling downtown scene.