BLENDED RETAIL PORTFOLIO OFFERING FOR SALE


Pensacola, FL - South Pensacola
$2,550,000 USD
850-433-0577
, Pensacola, FL for Sale
$2,550,000 USD
FOR SALE
1/41
null | Request Cap Rate

BLENDED RETAIL PORTFOLIO OFFERING
Pensacola, FL
South Pensacola


HIGHLIGHTS

  • TURN-KEY RESTAURANT - EVENT SPACE
  • FIRE MARSHALL APPROVED 350 Guest
  • Completely Renovated 7,408 SF Restaurant / Event Space
  • High Profile / Visibility Location

OVERVIEW

NAI Pensacola is pleased to present a unique opportunity to acquire a four-property portfolio located in the heart of Pensacola, Florida. Offered together at a blended list price, the portfolio includes a mix of fully operational, income-producing assets and high-potential, adaptable properties, ideal for investors, owner-users, or creative redevelopment strategies. The collection is composed of: 375 N. Pace Blvd – A beautifully designed and fully outfitted 7,408 SF event center looking out over impeccably maintained grounds with historic oaks. The interior was thoughtfully renovated with style and purpose. Features include an elegant entryway, gorgeous wood plank floors, a tasteful neutral paint theme flows throughout the space. Building Size: 7,408 SF Additional Deck Space: 766 SF Outdoor Entertainment Area Use Type: Event Venue Fully operational event center, tastefully designed and meticulously maintained Fire Marshal rated capacity: 350 guests Key Venue Features: Full fire suppression system Built-out bar area and commercial-grade kitchen 8-ft ventilation hood, grease trap, range/oven, coolers/freezers Dedicated kitchen HVAC and dry storage All health department-compliant sinks and service fixtures Well appointed Multi-stall men’s and women’s restrooms Private staff break rooms and storage areas All FF&E conveys, including three shuttle vehicles for guest transport Exceptional opportunity for a turnkey venue operator or investor 321 N. Pace Blvd – A former 3BR/2BA home converted into guest lodging for the event venue (e.g., bridal parties, VIPs). This property can be repurposed as office, retail, short-term rental, or returned to residential use — providing flexibility based on the new owner’s vision. 2155 W. Belmont – A 3BR/2BA structure with a new roof (2020), fiber connectivity (2022), and a 16-space parking layout. Formerly used as storage for the event center, it offers immediate potential for office or restaurant conversion, and sits on a 0.33-acre C-1 zoned lot. Versatile building currently utilized for event center storage Adaptable for office, boutique restaurant, or continued storage use. Paved parking lot with 12 dedicated spaces + 4 along West Belmont Excellent frontage and access with commercial flexibility 312 N. P Street – A fully cleared, paved 10-space parking lot on a C-1 zoned parcel. Serves as additional support parking or as a prime infill redevelopment site. This is a rare opportunity to acquire a portfolio that combines stability, flexibility, and upside potential, all within a growing and dynamic submarket. Four Contiguous Parcels – Positioned at the intersection of N Pace Blvd and W Belmont Street, this portfolio offers over 10,149 SF of building space and a total land area of 1.2214± acres across four tightly clustered parcels. With flexible zoning, existing infrastructure, and a walkable layout, this rare infill assemblage presents a unique opportunity for venue operators, restaurant or retail showroom users, or future redevelopment.

ASK ABOUT THIS PROPERTY

Tina TortomaseNAI PensacolaMore Info
850-433-0577

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

Tina TortomaseNAI PensacolaMore Info
850-433-0577

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