A unique opportunity to acquire a +/-73,971 SF commercial property in a high-traffic, well-connected corridor. Currently configured as a theater, the building offers large open interior spaces, high ceilings, and flexible layouts suitable for a wide range of commercial, institutional, or redevelopment uses. The property benefits from excellent location within the city. It’s central location places it within minutes of downtown Pensacola, Pensacola International Airport, and numerous retail, dining, and residential areas. Nearby corridors offer strong daily traffic counts on North W Street and convenient access to major thoroughfares including I-10, I-110, US-29, and Airport Blvd. This versatile property is well-positioned for a wide range of uses. It's HC/LI zoning allows for retail, office, light industrial, distribution, automotive, and service-oriented uses. The +/-11.5 acres offers expansion potential, outdoor storage, and additional flexibility for purchasers. This property offers a strong foundation for an owner user, investor, or developer seeking a well-located commercial site with strong potential for repurposing or repositioning.