Downtown Pensacola Restaurant / Bar Building

Sold Retail-Commercial
Catylist Listing ID: 30044705
Property Subtypes: Street Retail
Property Type: Retail-Commercial
Archived As: Sold

Overview / Comments

Unique Restaurant & Bar available in lively Downtown Pensacola. The building interacts with the city like no other by offering three levels of restaurant that create multiple dining experiences. Enjoy views of Palafox from the large rooftop deck that includes bar capabilities and plenty of seating space.

The main floor contains a bar, kitchen, and dining area for plenty of seating under a two-story space overlooked by the mezzanine. The mezzanine level seating offers an intimate atmosphere when you want to escape from the rest of the crowd. Exterior sidewalk seating can be utilized to liven up the storefront with great views of other shops and Palafox Plaza, which features the wildly successful Palafox “Farmers” Market each and every Saturday and other City events throughout the year.

One of the main benefits of being in this section of N. Palafox is the proximity to ample on street parking and other local parking lots. For the operator whose passion for service never ends, there is an apartment tucked away on the second level, allowing them to truly LIVE in what they do.

This building has many existing and natural architectural characteristics that others dream of. Exposed brick, concrete block, and steel allow for a true modern-industrial look. The existing tile floors, which have been around since the building was built in 1940, highlight the authenticity of the space. Although the exposed stairs on the front and back of the building are recent additions, they echo the balconies that have become a symbol of the Gulf Coast- think New Orleans.

The building is being offered as-is and includes all the restaurant equipment including hood system, existing grease trap, grills, fryers, S.S. Tables, dishwasher, sinks, and 2 walk-in coolers. Other bar equipment currently in the space is included as well.

The Numbers:
-836 SF Apartment
-1600 SF Rooftop Bar
-380 SF Mezzanine
-1855 SF Main Floor Restaurant

Located on Palafox Street which has become the main local entertainment destination.

Notable adjacent local businesses include Restaurant Iron, the Rex Theater, Vinyl Music Hall, the Federal Courthouse, Federal Building, multiple churches, Pensacola News Journal, and other Retailers.

On a Public Plaza that hosts the Palafox Market (Saturdays) and other events

Most currently used as a Restaurant / Bar – Move in ready!

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 000S009007005044
Zoning: C-2A
Retail Clientele: General
Year Built: 1940
Year Renovated: 1990
Roof Type: Flat
Construction/Siding: Brick

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,213 47,198 118,500
Median Age: 39.41 39.58 37.63
Households: 3,263 19,846 45,470

Contact

Photograph of Listing Agent

Justin A. Beck, CCIM, CPM

Beck Partners CRE, LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Rick Locchead

Beck Partners CRE, LLC Gulf Coast CMLS Member

Source

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