1940 St Mary Ave - Office FOR SALE


Pensacola, FL 32501- South Pensacola
$699,000 USD
850-433-0577
1940 St Mary Ave, Pensacola, FL for Sale
$699,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

1940 St Mary Ave
Pensacola, FL 32501
South Pensacola


HIGHLIGHTS

  • Turnkey Professional Office building
  • Well-Maintained Asset with Capital Improvements
  • Site, Parking & Visibility
  • Future Expansion Potential
  • Classic Gulf Coast Office Appeal

OVERVIEW

Located in the heart of Pensacola, 1940 St. Mary Avenue offers a well-maintained, two-story professional office building with a functional layout suited for a wide range of office-based users. Currently configured as a law office, the property is well positioned for legal, accounting, insurance, financial services, consulting, administrative, medical-office support, or other professional business uses. The first floor features a welcoming reception area, dedicated copy/work room, four private offices, and three restrooms, creating an efficient environment for both client-facing and daily operational needs. The second floor includes an additional conference room, two private offices, a large open cubicle/workspace area ideal for administrative or support staff, and one restroom. The flexible floor plan provides a strong balance of private offices, collaborative work areas, meeting space, and support functions, making the property well suited for an owner-user or investor seeking a turnkey professional office asset. The owner will also consider a lease to a well-qualified tenant. The building offers excellent accessibility to downtown Pensacola, area courthouses, government offices, and major transportation corridors. With attractive monument signage, on-site parking, and a highly professional appearance, 1940 St. Mary Avenue presents an outstanding opportunity for a business seeking a polished and established Pensacola presence. The property features a classic Southern traditional / Creole-inspired office exterior with brick construction, dormer windows, a metal roof, columned front porch, mature oak trees, and attractive landscaping that creates a shaded, park-like setting. The 0.517-acre site also provides potential expansion flexibility. Due to the current building placement, there appears to be ample remaining site area to potentially accommodate an additional building of approximately 3,000 SF, subject to all applicable zoning, code, engineering, parking, and permitting requirements.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Turn-Key Professional Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-2

APN/PARCEL ID

17-2S-30-5015-001-008

ASK ABOUT THIS PROPERTY

Tina TortomaseNAI PensacolaMore Info
850-433-0577

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Tina TortomaseNAI PensacolaMore Info
850-433-0577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.