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2901 W Michigan Ave
Pensacola, FL 32526
Land For Sale
·
0.51 AC
Investment Highlights
- 0.51-acre HDMU-zoned parcel enabling flexible commercial and residential uses.
- Frontage along W Michigan Ave with strong visibility and access.
- Ideal for renovation, live-work concept, multi-unit rental strategy, or small office setup.
- Two distinct buildings included, offering combined multi-use potential.
- Situated on a corner lot near major Pensacola road networks and retail clusters.
Executive Summary
Unlock an exceptional investment opportunity at 2901 W Michigan Avenue, Pensacola, where versatility meets value. This 0.51-acre parcel sits on a prominent corner within a High Density Mixed-Use (HDMU) zoning district, offering the flexibility to serve as a live-work residence, small business office, or multi-unit rental property.
The site features two structures for the price of one, including a classic 1,096-square-foot building originally designed for retail or office use, and a 1,124-square-foot single-family home boasting a sturdy brick exterior and a spacious utility area. Both buildings provide the “bones” for restoration or adaptive re-use, whether your vision involves establishing a boutique business hub, creating a home-based enterprise, or reinventing the site as an income-producing rental property.
Strategically located along West Michigan Avenue with convenient access to major thoroughfares, this property marries visibility with functionality. Its half-acre lot offers space for parking, storage, or future enhancements, all just minutes from commercial amenities and key residential neighborhoods.
The seller is highly motivated and open to negotiation, making now the perfect time to capture this rare Pensacola asset. Investors, entrepreneurs, and developers alike will appreciate the strong fundamentals and zoning flexibility in one of the city’s enduring growth corridors.
The site features two structures for the price of one, including a classic 1,096-square-foot building originally designed for retail or office use, and a 1,124-square-foot single-family home boasting a sturdy brick exterior and a spacious utility area. Both buildings provide the “bones” for restoration or adaptive re-use, whether your vision involves establishing a boutique business hub, creating a home-based enterprise, or reinventing the site as an income-producing rental property.
Strategically located along West Michigan Avenue with convenient access to major thoroughfares, this property marries visibility with functionality. Its half-acre lot offers space for parking, storage, or future enhancements, all just minutes from commercial amenities and key residential neighborhoods.
The seller is highly motivated and open to negotiation, making now the perfect time to capture this rare Pensacola asset. Investors, entrepreneurs, and developers alike will appreciate the strong fundamentals and zoning flexibility in one of the city’s enduring growth corridors.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Property Type | Land | ||
| Zoning | HDMU - Heavy Duty Mixed Use | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.51 AC |
| Zoning | HDMU - Heavy Duty Mixed Use |
1 Lot Available
Lot
| Price | $450,000 | Lot Size | 0.51 AC |
| Price Per AC | $882,352.94 |
| Price | $450,000 |
| Price Per AC | $882,352.94 |
| Lot Size | 0.51 AC |
This half-acre lot features two distinct buildings, offering a blend of residential and commercial possibilities under its HDMU (Heavy Duty Mixed Use) zoning.
Description
The property at 2901 West Michigan Avenue consists of a half-acre parcel containing two existing structures and lies within a mixed-use zoning district supporting higher density residential and commercial applications. Its location along Michigan Avenue, near established residential neighborhoods and arterial roads, offers connectivity to surrounding commerce and services.
Property Taxes
| Parcel Number | 42-1S-30-2101-007-039 | Improvements Assessment | $49,891 |
| Land Assessment | $75,667 | Total Assessment | $125,558 |
Property Taxes
Parcel Number
42-1S-30-2101-007-039
Land Assessment
$75,667
Improvements Assessment
$49,891
Total Assessment
$125,558
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