Retail / Commercial Property | 0.54 Acres | HC/LI Zoning

Pensacola is located on Florida’s Gulf Coast near the Florida/Alabama state line. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism have fueled the housing and retail demand in Pensacola over recent years. The government has a substantial presence in the metro, with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. The property is in close proximity to the core retail trade area, Pensacola International Airport, hospitals, the University of West Florida, NAS Pensacola, Whiting Field Naval Base, and beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.402 Beverly Parkway presents a two-parcel commercial opportunity totaling approximately 0.54 acres in a central Pensacola corridor. The offering includes a +/- 1,551 SF freestanding retail building constructed in 1949 along with an additional parcel, providing flexibility for owner-users, investors, or future redevelopment. Zoned HC/LI (Highway Commercial / Light Industrial), the property supports a wide range of retail, service commercial, and light industrial uses. The location offers convenient connectivity to surrounding residential neighborhoods and commercial corridors throughout Pensacola, making it well suited for a small business operator, service user, or investor seeking repositioning potential.The property is also available for lease with flexible options across two parcels. The site includes a +/- 1,551 SF retail building and additional land that can support a variety of commercial uses including service retail, contractor operations, or light industrial uses permitted under HC/LI zoning. Positioned along Beverly Parkway with access to Concordia Boulevard, the property offers convenient access to central Pensacola and surrounding residential areas. The flexible configuration allows tenants to utilize the building, land, or a combination of both depending on operational needs.