North Hill Development Opportunity
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Free-Standing Building, Mixed Use, Other
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Overview / Comments
Creative Developers don't miss this Outstanding Opportunity to leverage an income producing asset into a long term redevelopment. This property, originally built in 1921 as the P.K Yonge School is currently occupied by the Florida Department of Law Enforcement (FDLE) as their regional operations center. Approximately two years remain on the current lease term. The property itself is almost an entire city block sitting on 2.77 acres in the prestigious, historic North Hill area of Pensacola, and located on north Palafox the northern gateway to downtown Pensacola.
This is a unique opportunity for a developer or user to earn significant returns over the next 24 months, while creating plans for re-positioning the property.
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