Contacts
NAI Pensacola
Property Details
- Property Type Office - General Office
- Property Size 1,757 SF
- Lot Size 0.22 Acre
- Cap Rate % 7.38
- Rental Income / YR $37,551.00
- NOI / YR $27,300.00
- Building Class C
- Year Built 1908
- Date Updated Mar 3, 2025
Income Producing Renovated Historic Professional Building
This beautifully renovated historic building, originally constructed in 1908 and updated in 1980, offers timeless charm combined with modern functionality. Situated on Cervantes Street, the property enjoys exceptional visibility and exposure, making it ideal for professional or investment purposes.
HIGHLIGHTS
Five spacious offices
Kitchen (Nicely Updated)
Two restrooms, one featuring a shower (Well appointed)
Two storage rooms
HVAC / Heating System upgraded in 2023
Bonus sunroom at the rear with an ADA-compliant wheelchair ramp
Renovated Historic Stand-Alone
Income Producing
Historic Preservation District
Prime Commercial Corridor
Immediate to Downtown Business Core
Centralized, High Visibility Location
Situated on Cervantes Street, between Reus Street and Barcelona Street, within the North Hill Preservation District (PR-2 zoning)
Centrally located in the city limits, offering easy access to downtown and nearby amenities
Includes five dedicated parking spaces, with a shared driveway easement for easy ingress/egress
Surrounded by a diverse mix of professional service businesses, including medical, financial, and legal offices, enhancing the property’s appeal and accessibility for similar professional tenants
The building retains its stunning original architectural details, including:
Beautiful wood molding, casing, and trim work
Hand-carved mantled fireplaces (five, capped-off)
Original wood doors and hardware with transoms and leaded glass windows
Oversized windows providing abundant natural light
11-foot ceilings and refinished hardwood floors
A welcoming front porch and side porch with gingerbread accents, adding to the property’s historic charm.
This property represents a unique opportunity to own a charming, income-generating historic building in a high-visibility location. With its premium location and excellent condition, it’s an ideal addition to a savvy investor’s portfolio, offering the potential to generate long-term, stable income.
Reach out to the broker for more info on lease terms and amenities
Getting around
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64/100
Walk Score ®
-
32/100
Transit Score ®
-
65/100
Bike Score ®
Location
- City Pensacola, FL
- Neighborhood North Hill
- Zip Code 32501
- Market Pensacola
Points of Interest
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Pensacola
1.48 miles
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BP
0.25 miles
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Beacon Station
0.50 miles
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Circle K
0.69 miles
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Shell
1.12 miles
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76
2.07 miles
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RaceWay
2.23 miles
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Trisha's One Stop
2.29 miles
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ChargePoint
4.47 miles
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Parking Lot J
3.77 miles
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Parking Lot K
3.77 miles
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Bayou Boulevard Garage
3.80 miles
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Economy Lot 1 & Cellphone Lot
3.93 miles
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Parking Lot I
3.93 miles
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Pensacola Airport Parking
3.96 miles
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Parking Lot G2
3.99 miles
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9th Avenue Garage
4.00 miles
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Parking Lot F
4.02 miles
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Parking Lot E
4.06 miles
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Days Inn Historic Pensacola
0.31 miles
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Days Inn by Wyndham Pensacola - Historic Downtown
0.32 miles
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Sole Inn and Suites
0.52 miles
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Pensacola Grand Hotel
0.75 miles
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Budget Inn
0.91 miles
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Holiday Inn Express Pensacola Downtown
1.07 miles
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New World Inn
1.13 miles
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Hilton Garden Inn Pensacola Downtown
1.13 miles
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Oyster Bay Boutique Hotel
1.15 miles
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Residence Inn Pensacola Downtown
1.27 miles
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Ever'man Cooperative Grocery & Cafe
0.64 miles
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Publix
1.13 miles
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Bien Dong Oriental Market
2.14 miles
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Asia Oriental Market
2.34 miles
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Apple Market
2.84 miles
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Target
3.39 miles
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Winn-Dixie
3.45 miles
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Walmart Supercenter
3.51 miles
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MEREFA, LLC
3.51 miles
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Dillard's
3.78 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
NAI Pensacola
