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1603 N 58th Ave
Pensacola, FL 32506
2,760 sqft Building | Pensacola, FL 32506 · Office Property For Sale
Investment Highlights
- 2,760 SF Commercial Property – Two-building setup on a 0.49-acre lot with flexible interior layout for various business uses.
- HDMU Zoning – High Density Mixed Use allows broad development flexibility for retail, office, restaurant, medical, or multifamily.
- Turnkey with Stable Tenancy – Currently occupied, offering immediate income and smooth transition for investors or owner-users.
- Prime Pensacola Location – Situated in a quiet neighborhood in Escambia County with strong local accessibility and visibility.
- Income-Producing Asset – Current NOI: $21,217/year | Projected NOI: $49,869/year with increased occupancy or rent adjustments.
- Fully Connected – Water, sewer, and electric on site with paved road access and ample parking.
Property Facts
Property Type
Office
Building Size
2,760 SF
Building Class
C
Year Built
1977
Building Height
1 Story
Typical Floor Size
2,760 SF
Building FAR
0.13
Lot Size
0.49 AC
Zoning
HDMU - Commercial
Parking
4 Spaces (1.62 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 14-2S-30-6101-001-066 | Improvements Assessment | $72,024 |
| Land Assessment | $24,470 | Total Assessment | $96,494 |
Property Taxes
Parcel Number
14-2S-30-6101-001-066
Land Assessment
$24,470
Improvements Assessment
$72,024
Total Assessment
$96,494
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