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BLENDED RETAIL PORTFOLIO OFFERING 4 Properties Offered at $2,550,000 in Pensacola, FL

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INVESTMENT HIGHLIGHTS

  • TURN-KEY RESTAURANT - EVENT SPACE
  • Completely Renovated 7,408 SF Restaurant / Event Space
  • FIRE MARSHALL APPROVED 350 Guest
  • High Profile / Visibility Location

EXECUTIVE SUMMARY

NAI Pensacola is pleased to present a unique opportunity to acquire a four-property portfolio located in the heart of Pensacola, Florida. Offered together at a blended list price, the portfolio includes a mix of fully operational, income-producing assets and high-potential, adaptable properties, ideal for investors, owner-users, or creative redevelopment strategies.
The collection is composed of:
375 N. Pace Blvd – A beautifully designed and fully outfitted 7,408 SF event center looking out over impeccably maintained grounds with historic oaks.
The interior was thoughtfully renovated with style and purpose. Features include an elegant entryway, gorgeous wood plank floors, a tasteful neutral paint theme flows throughout the space.
Building Size: 7,408 SF
Additional Deck Space: 766 SF Outdoor Entertainment Area
Use Type: Event Venue
Fully operational event center, tastefully designed and meticulously maintained
Fire Marshal rated capacity: 350 guests
Key Venue Features:
Full fire suppression system
Built-out bar area and commercial-grade kitchen
8-ft ventilation hood, grease trap, range/oven, coolers/freezers
Dedicated kitchen HVAC and dry storage
All health department-compliant sinks and service fixtures
Well appointed Multi-stall men’s and women’s restrooms
Private staff break rooms and storage areas
All FF&E conveys
Exceptional opportunity for a turnkey venue operator or investor
321 N. Pace Blvd – A former 3BR/2BA home converted into guest lodging for the event venue (e.g., bridal parties, VIPs). This property can be repurposed as office, retail, short-term rental, or returned to residential use — providing flexibility based on the new owner’s vision.
2155 W. Belmont – A 3BR/2BA structure with a new roof (2020), fiber connectivity (2022), and a 16-space parking layout. Formerly used as storage for the event center, it offers immediate potential for office or restaurant conversion, and sits on a 0.33-acre C-1 zoned lot.
Versatile building currently utilized for event center storage
Adaptable for office, boutique restaurant, or continued storage use.
Paved parking lot with 12 dedicated spaces + 4 along West Belmont
Excellent frontage and access with commercial flexibility
312 N. P Street – A fully cleared, paved 10-space parking lot on a C-1 zoned parcel. Serves as additional support parking or as a prime infill redevelopment site.
This is a rare opportunity to acquire a portfolio that combines stability, flexibility, and upside potential, all within a growing and dynamic submarket.
Four Contiguous Parcels –
Positioned at the intersection of N Pace Blvd and W Belmont Street, this portfolio offers over 10,149 SF of building space and a total land area of 1.2214± acres across four tightly clustered parcels. With flexible zoning, existing infrastructure, and a walkable layout, this rare infill assemblage presents a unique opportunity for venue operators, restaurant or retail showroom users, or future redevelopment.

PROPERTY FACTS

Price $2,550,000
Price / SF $242.53 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 10,514 SF
Total Land Area 1.10 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
312 N P St, Pensacola, FL 32505 Land 0.09 AC - -
321 Pace Blvd, Pensacola, FL 32505 Office 1,432 SF 1928 -
375 N Pace Blvd, Pensacola, FL 32505 Retail 7,408 SF 1968 -
2155 W Belmont St, Pensacola, FL 32505 Retail 1,674 SF 1953 -
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  • Listing ID: 37164884

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: BLENDED RETAIL PORTFOLIO OFFERING, Pensacola, FL

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