890 S Palafox St - Loft/Creative Space CONDO FOR SALE


Pensacola, FL 32502
$1,290,000 USD
850-434-3434
890 S Palafox St, Pensacola, FL for Sale
$1,290,000 USD
Loft/Creative Space CONDO - FOR SALE
1/20
null | 6.76% Cap Rate

890 S Palafox St
Pensacola, FL 32502


HIGHLIGHTS

  • Two Units equally 3500SF
  • Stable and reliable income
  • 100% occupancy
  • Built-in 2003
  • Modern and professional appearance
  • High demand area Prime investment opportunity

OVERVIEW

Introducing an exceptional investment opportunity in downtown Pensacola, this meticulously maintained 3,500 SF building comprises two units. It offers a stable and reliable income stream with a solid history of 100% occupancy and strong rental demand. Built-in 2003, the property exudes a modern and professional appearance, creating a prestigious environment ideal for an office building investor. With commercial zoning and a prime location, this property represents a secure and lucrative investment, making it an attractive prospect for investors seeking long-term financial growth in the vibrant Pensacola market.

FOR SALE DETAILS

PRICE

$1,290,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

6.76%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palafox Pier

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

90,909 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,734 SF

ZONING

WRD,Commercial

APN/PARCEL ID

000S009125000020

ASK ABOUT THIS PROPERTY

Rob BellBellcore Commercial, LLCMore Info
850-434-3434

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Rob BellBellcore Commercial, LLCMore Info
850-434-3434

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.