Downtown Pensacola Development Parcel – 0.267 Acres Located in the dynamic core of Downtown Pensacola, this 0.267-acre vacant parcel presents a compelling opportunity for commercial real estate investors and developers. Formerly owned by the City of Pensacola, the site includes a development obligation for four units, making it ideal for mixed-use or multifamily development. Property Highlights: Size: Approximately 60’ x 185’ (+/-) Zoning: C-2A (Downtown Commercial), allowing for a broad range of commercial and residential uses Condition: Cleared and paved with asphalt, ready for development Location Advantages: Situated within walking distance of government buildings, professional offices, retail shops, restaurants, and entertainment venues Just blocks from Blue Wahoos Stadium, a major regional draw for sports and events Close proximity to Seville Square, Palafox Street, and historic districts, offering cultural and lifestyle appeal Regional Connectivity & Amenities: Less than 15 minutes to Pensacola Beach, offering world-class white sand beaches and waterfront recreation Nearby access to Vince J. Whibbs Sr. Community Maritime Park, Plaza de Luna, and other public green spaces Approximately 20 minutes to Naval Air Station Pensacola, home to the Blue Angels and a major employment center Easy access to major roadways including US-98, I-110, and Scenic Highway Development Potential: This parcel is ideally positioned to benefit from Pensacola’s ongoing downtown revitalization and population growth. With flexible zoning, strong pedestrian traffic, and proximity to key amenities, the site is well-suited for a high-impact commercial or mixed-use project.