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Restaurant Confidential Real Estate for Sale 905 E Gregory St 8,500 SF Retail Building Pensacola, FL 32502 $4,500,000 ($529.41/SF)

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INVESTMENT HIGHLIGHTS

  • Pensacola Bayfront Waterview Dining
  • Seating capacity of over 348
  • Locally known for decades, Tourism synergy
  • Approx. Acreage: 1.45 Ac Building SqFt: 8,500+/-
  • Recent Renovations & Service upgrades
  • Owner will consider lease

EXECUTIVE SUMMARY

REAL ESTATE, Land & Improvements for Sale. Restaurant Operations NOT included in Sale.
FF&E does not convey.
Owner will consider lease.
Pensacola Restaurant Real Estate For Sale.Long Established Restaurant & Bar Location:
• Waterview Dining
• Seating capacity of over 345
• Recent Renovations & Service upgrades
• AmpleParking
• Locally known for decades
• Growing Tourism synergy
• Within walking distance from Pensacola Historic Seville Square
• Excellent Visibility and Access
Uniquely positioned waterfront, full service restaurant and bar location. Restaurant location currently within a heavy growth corridor of Pensacola, FL with
rich History, luxury homes, national retailers and exciting entertainment.
Building holds Large Full ServiceKitchen, prep stations, and multiple dining areas. SeparateBar room oers bar stool and tabletop service potential.
Open air balconied porches enjoy elegant Waterview setting.
Expansive dining rooms and private meeting space.
REAL ESTATE, Land & Improvements for Sale, Only. Restaurant Operations NOT included in Sale.
FF&E does not convey.
CONFIDENTIAL LISTING, Please Contact Listing Broker for further details.
Owner would consider leasing space.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,500 SF
Building Class
B
Year Built
1961
Price
$4,500,000
Price Per SF
$529.41
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.45 AC
Zoning
GRD - Gateway redevelopment
Parking
118 Spaces (13.88 Spaces per 1,000 SF Leased)
Frontage
74’ on 14th Ave

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 8,500 SF
  • Restaurant
  • Outparcel
  • 90 Days

This uniquely positioned waterfront property offers an exceptional opportunity to own a landmark restaurant and bar location in the heart of Pensacola’s vibrant growth corridor. Surrounded by luxury homes, national retailers, and a thriving entertainment scene, the site benefits from unmatched visibility and accessibility. The building features expansive dining rooms, private meeting spaces, and open-air balconies overlooking stunning water views, creating an unforgettable guest experience. A large, full-service kitchen with multiple prep stations and a dedicated bar area enhances operational flexibility for future concepts. Located within walking distance of Pensacola’s Historic Seville Square and supported by strong tourism synergy, this property is ideal for investors seeking a high-profile hospitality asset in a market with enduring appeal. Sale includes land and improvements only; restaurant operations and FF&E do not convey.

Space Size Space Use Position Available
1st Floor 8,500 SF Restaurant Outparcel 90 Days

1st Floor

Size
8,500 SF
Space Use
Restaurant
Position
Outparcel
Available
90 Days

1st Floor

Size 8,500 SF
Space Use Restaurant
Position Outparcel
Available 90 Days

This uniquely positioned waterfront property offers an exceptional opportunity to own a landmark restaurant and bar location in the heart of Pensacola’s vibrant growth corridor. Surrounded by luxury homes, national retailers, and a thriving entertainment scene, the site benefits from unmatched visibility and accessibility. The building features expansive dining rooms, private meeting spaces, and open-air balconies overlooking stunning water views, creating an unforgettable guest experience. A large, full-service kitchen with multiple prep stations and a dedicated bar area enhances operational flexibility for future concepts. Located within walking distance of Pensacola’s Historic Seville Square and supported by strong tourism synergy, this property is ideal for investors seeking a high-profile hospitality asset in a market with enduring appeal. Sale includes land and improvements only; restaurant operations and FF&E do not convey.

NEARBY MAJOR RETAILERS

Another Broken Egg Cafe
The Melting Pot
Waffle House
Carrabba’s Italian Grill
Starbucks
Inc
CrossFit
Publix
Truist
Ymca

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-0S-00-9025-001-033
Land Assessment
$1,184,288
Improvements Assessment
$774,178
Total Assessment
$1,958,466
  • Listing ID: 32692613

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 905 E Gregory St, Pensacola, FL 32502

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