Prime Downtown Pensacola Office

For Sale

216-220 South Palafox Place, Pensacola, FL 32502

This Pensacola property for sale is located at 216-220 South Palafox Place. The general use of Prime Downtown Pensacola Office is office and it incorporates 4,311 square feet of class A office space. The current listed sale price for Prime Downtown Pensacola Office is $2,195,000. Prime Downtown Pensacola Office is situated on a lot that is 0.28 acre in size.

Contacts

broker
Michael Carro

SVN | Southland Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 4,311 SF
  • Lot Size 0.28 Acre
  • Building Class A
  • Year Built 1900
  • Year Renovated 2020
  • Date Updated May 16, 2025
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.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.
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Highlights

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

Getting around

  • 75/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 71/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pensacola, FL
  • Neighborhood Downtown Pensacola
  • Zip Code 32502
  • Market Pensacola

Points of Interest

  • Pensacola

    1.23 miles

  • Circle K

    0.72 miles

  • BP

    0.80 miles

  • Beacon Station

    1.19 miles

  • Shell

    1.76 miles

  • Trisha's One Stop

    2.89 miles

  • 76

    2.92 miles

  • RaceWay

    3.10 miles

  • ChargePoint

    5.36 miles

  • Parking Lot J

    4.49 miles

  • Parking Lot K

    4.50 miles

  • Economy Lot 1 & Cellphone Lot

    4.54 miles

  • Bayou Boulevard Garage

    4.54 miles

  • Pensacola Airport Parking

    4.58 miles

  • Parking Lot I

    4.65 miles

  • Parking Lot G2

    4.70 miles

  • Lot V

    4.71 miles

  • 9th Avenue Garage

    4.72 miles

  • Parking Lot F

    4.73 miles

  • Holiday Inn Express Pensacola Downtown

    0.19 miles

  • New World Inn

    0.25 miles

  • Oyster Bay Boutique Hotel

    0.35 miles

  • Sole Inn and Suites

    0.43 miles

  • Pensacola Grand Hotel

    0.59 miles

  • Hilton Garden Inn Pensacola Downtown

    0.68 miles

  • Days Inn by Wyndham Pensacola - Historic Downtown

    0.77 miles

  • Days Inn Historic Pensacola

    0.80 miles

  • Residence Inn Pensacola Downtown

    0.90 miles

  • Courtyard Pensacola Downtown

    0.97 miles

  • Ever'man Cooperative Grocery & Cafe

    0.39 miles

  • Publix

    1.19 miles

  • Apple Market

    2.74 miles

  • Bien Dong Oriental Market

    2.75 miles

  • Asia Oriental Market

    2.94 miles

  • Walmart Supercenter

    4.02 miles

  • Target

    4.07 miles

  • Walmart Neighborhood Market

    4.12 miles

  • Winn-Dixie

    4.15 miles

  • MEREFA, LLC

    4.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Michael Carro

SVN | Southland Commercial

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