Redevelopment Opportunity in the downtown Pensacola core. The location is surrounded by established and newly built residential, multi-family residential, retailers, and service professional businesses. The lot features 60 feet of frontage allowing a contractor to separate into two 30' x 117' buildable lots.
Highlights
60’ x 117’ Divisible Lot
Zoned C-3
Developed Area with Curb Cuts, Utilities, and Streets in place
AREA INFO
Downtown Pensacola is a charming waterfront city situated along beautiful Pensacola Bay. The city has undergone an extraordinary revitalization since 2012, propelled by the construction of a cutting-edge waterfront baseball stadium. This transformation has stimulated numerous construction projects and the revitalization of historic buildings. The downtown housing market is thriving, with prices ranging from $250 to $350 per square foot near the site. The city's expansion has been gradually expanding towards the west, with Barrancas Avenue witnessing a growth in new construction, multi-family housing projects, breweries, and restaurants.
