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824 E La Rua St 1,964 SF 100% Leased Retail Building Pensacola, FL 32501 $500,000 ($254.58/SF)
Investment Highlights
- 1,964 SF Freestanding Building
- Zoned OEHC-1 – Flexible Commercial Use
- Prime Corner Lot – E La Rua St & 9th Ave
Executive Summary
Discover a unique investment opportunity in the heart of Pensacola, FL. This two-story freestanding office building offers 1,964 SF of flexible space on a 0.126-acre lot. The roof and HVAC system were both replaced in 2021With a prime corner location at E La Rua St & 9th Ave, the property benefits from strong visibility, easy accessibility, and close proximity to historic downtown Pensacola and the waterfront.
Built in 1900 and classed as Building Class B, this office asset blends character with functionality. It features surface parking, multiple restrooms, and versatile interior layouts suited for professional offices, creative workspaces, or boutique services. Zoned OEHC-1, the property is positioned to support a wide range of commercial uses.
Built in 1900 and classed as Building Class B, this office asset blends character with functionality. It features surface parking, multiple restrooms, and versatile interior layouts suited for professional offices, creative workspaces, or boutique services. Zoned OEHC-1, the property is positioned to support a wide range of commercial uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,964 SF
Building Class
B
Year Built/Renovated
1965/2021
Price
$500,000
Price Per SF
$254.58
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.13 AC
Zoning
OEHC-1 - OEHC-1: Neighborhood commercial district allowing OEHR-2 uses, retail shops, services, restaurants & limited outdoor sales.
Parking
10 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Signage
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00-0S-00-9025-090-083 | Improvements Assessment | $202,919 |
| Land Assessment | $110,000 | Total Assessment | $312,919 |
Property Taxes
Parcel Number
00-0S-00-9025-090-083
Land Assessment
$110,000
Improvements Assessment
$202,919
Total Assessment
$312,919
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824 E La Rua St
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