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Résumé analytique

Property Description
Located on the corner of W Cervantes Street and N Street, just one block west of the signalized intersection at Pace Boulevard and Cervantes,1917 W Cervantes Street presents a rare opportunity to acquire or lease a City-approved cannabis retail location in one of Pensacola's established commercial corridors.
The freestanding building contains approximately 2,564± square feet and offers multiple points of access, strong street visibility and on-site parking. Positioned along heavily traveled Cervantes Street, the property benefits from consistent traffic counts and excellent accessibility while avoiding the premium pricing typically associated with hard-corner locations.
A significant advantage of this offering is its approval for cannabis retail use, providing a prospective operator with a valuable head start in a highly regulated industry. Properties with this approval are limited, creating an opportunity for cannabis operators seeking to establish or expand their presence in the Pensacola market.
Built in 1964 and totaling less than 3,000 square feet, the property may qualify for the City of Pensacola's Commercial Property Improvement Program (CPIP). Eligible non-residential buildings may receive grant funding of up to $70,000, subject to City review, approval and program requirements. A 20% owner match is required, with final award amounts determined by the scope of improvements and program criteria.
Whether for a cannabis retailer, specialty retail user, wellness concept or other permitted commercial use, 1917 W Cervantes offers a combination of location, visibility, available incentives and regulatory approval that is difficult to replicate in today's market.
This incentive presents a meaningful opportunity for a buyer to offset renovation costs while modernizing the building and enhancing long-term value. With flexible C-1 zoning and built-in upside through available city funding, 1917 W Cervantes is well suited for a buyer with a clear vision to improve and operate a successful business at this location.
Property Highlights
Potential Award: Based on Sq Ft Up To $45,000 (Under 3,000 SF) Subject Property: ±2,564 S
Potential Award: Based on Age Up to $25,000 (51–75 Years) Built 1964 (62 Years Old
Owner Contribution: 20% Match Required, Occupancy Period 5 Years

Informations sur l’immeuble

Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
238 m²
Classe d’immeuble
C
Année de construction/rénovation
1964/2025
Prix
437 234 €
Prix par m²
1 835,55 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,20
Surface du lot
0,12 ha
Zone de développement économique [USA]
Oui
Zonage
C1 - Le district de zonage C-1 est destiné à fournir une zone tampon de transition entre les zones commerciales de quartier à usage mixte et un zonage commercial plus intense
Stationnement
25 places (104,95 places par 1 000 m² loué)
Façade
46 m sur Cervantes St

Caractéristiques

  • Ligne d’autobus
  • Terrain d’angle
  • Service au volant

Disponibilité de l’espace

  • Espace
  • Surface
  • Type de bien
  • Poste
  • Disponible
  • 1er étage
  • 238 m²
  • Local commercial
  • -
  • Maintenant

Located at the corner of W Cervantes Street and N Street, this freestanding building offers exceptional visibility just one block west of the signalized intersection at Pace Boulevard and Cervantes. The property combines strong street presence with convenient on-site parking and multiple access points, making it an ideal choice for businesses seeking exposure along one of Pensacola’s busiest east–west corridors without the premium cost of a hard-corner site. Built in 1964 and totaling under 3,000 square feet, the building qualifies for the City of Pensacola’s Commercial Property Improvement Program (CPIP). This program provides grant funding of up to $70,000 for eligible non-residential properties, subject to city approval, with a 20% owner match required. This incentive creates a unique opportunity for tenants or owner-users to modernize the space while significantly reducing renovation costs. The property’s flexible C-1 zoning supports a wide range of uses, from professional services to boutique retail, and its strategic location ensures easy access to downtown Pensacola, major thoroughfares, and surrounding residential neighborhoods. With built-in upside through city funding and strong traffic exposure, 1917 W Cervantes is perfectly positioned for businesses looking to establish a long-term presence in a growing market.

Espace Surface Type de bien Poste Disponible
1er étage 238 m² Local commercial - Maintenant

1er étage

Surface
238 m²
Type de bien
Local commercial
Poste
-
Disponible
Maintenant

1er étage

Surface 238 m²
Type de bien Local commercial
Poste -
Disponible Maintenant

Located at the corner of W Cervantes Street and N Street, this freestanding building offers exceptional visibility just one block west of the signalized intersection at Pace Boulevard and Cervantes. The property combines strong street presence with convenient on-site parking and multiple access points, making it an ideal choice for businesses seeking exposure along one of Pensacola’s busiest east–west corridors without the premium cost of a hard-corner site. Built in 1964 and totaling under 3,000 square feet, the building qualifies for the City of Pensacola’s Commercial Property Improvement Program (CPIP). This program provides grant funding of up to $70,000 for eligible non-residential properties, subject to city approval, with a 20% owner match required. This incentive creates a unique opportunity for tenants or owner-users to modernize the space while significantly reducing renovation costs. The property’s flexible C-1 zoning supports a wide range of uses, from professional services to boutique retail, and its strategic location ensures easy access to downtown Pensacola, major thoroughfares, and surrounding residential neighborhoods. With built-in upside through city funding and strong traffic exposure, 1917 W Cervantes is perfectly positioned for businesses looking to establish a long-term presence in a growing market.

Assez praticable à pied
50/100
Très bien adapté aux voitures
80/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100

Principaux commerces à proximité

United Rentals-equipment & Tool Rentals
Ahern Rentals

Taxes foncières

Taxes foncières

Numéro de parcelle
00-0S-00-9060-009-125
Évaluation du terrain
55 342 €
Évaluation des aménagements
50 129 €
Évaluation totale
105 471 €
  • ID de l’annonce: 39099830

  • Date de mise sur le marché: 15/01/2026

  • Dernière mise à jour:

  • Adresse: 1917 Cervantes St, Pensacola, FL 32501

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