2177 E Olive Rd - Auto Dealership FOR SALE


Pensacola, FL 32514- Ferry Pass
$799,000 USD
850-380-0877
2177 E Olive Rd, Pensacola, FL for Sale
$799,000 USD
Auto Dealership - FOR SALE
1/10
null | Request Cap Rate

2177 E Olive Rd
Pensacola, FL 32514
Ferry Pass


HIGHLIGHTS

  • Three commercial parcels totaling approximately 1.2 acres
  • Office, shop, and residence on one site
  • Approximately 216 feet of frontage on E Olive Road
  • Zoned Commercial
  • High-visibility location with approximately 19,000 vehicles per day

OVERVIEW

Property Description 2171 E Olive Road offers approximately 1.2 acres across three commercial parcels with approximately 216 feet of frontage along one of Pensacola’s primary east-west corridors. Located in unincorporated Escambia County, the property is zoned Commercial, providing flexibility for a variety of business and investment opportunities. The property includes three existing improvements: a 1,234± SF office building, a 936± SF mechanic shop with approximately 14-foot ceilings, and a 3-bedroom, 1-bath residence that may serve as rental income, employee housing, or additional office space, subject to applicable regulations. With excellent visibility, multiple existing structures, and ample land area, the property is well suited for automotive, contractor, service, office, light commercial, or owner-user operations. Its combination of frontage, accessibility, and development potential creates opportunities for both immediate occupancy and future investment. Location Description Positioned along E Olive Road just east of N Davis Highway, the property benefits from a central Pensacola location with convenient access to Interstate 10, Pensacola International Airport, and many of the area’s major employment centers. Olive Road carries approximately 19,000 vehicles per day at the property and approximately 20,000 vehicles per day west of N Davis Highway, providing consistent exposure for businesses that benefit from daily traffic. The surrounding area includes HCA West Florida Hospital, medical offices, restaurants, retail centers, and established residential neighborhoods. Olive Road serves as a major east-west connector between Palafox Street and Scenic Highway, making the property easily accessible from multiple parts of the Pensacola market. Recent roadway improvements added bike lanes, sidewalks, and upgraded drainage infrastructure, enhancing both safety and accessibility while supporting continued investment throughout the Ferry Pass area. The combination of strong traffic counts, nearby commercial activity, and proximity to major transportation routes makes this a well-positioned location for a wide range of commercial uses.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Commercial

APN/PARCEL ID

18-1S-30-5201-010-003,181S305201002003,181S305201009003

ASK ABOUT THIS PROPERTY

Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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