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605 E Government St, Pensacola, FL 32502
2 Beds
1 Baths
1,928 sqft

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Rare downtown opportunity to own a mixed use investment property or enjoy a live/work arrangement! This property could also be converted into one two-story residential property. See the Attachments and Media section in this listing for conceptual drawings. The building is fully leased through July 31, 2019. The first floor is office space and the second floor is a two-bedroom apartment. Both tenants have expressed interest in continuing their leases, should a new owner wish to use the property for investment purposes. The first floor office is approximately 924 square feet, with four private offices. Current tenants use four separate entrances on the first floor to accommodate their clients. A central hallway provides access to two restrooms, one with a shower. The second floor apartment is approximately 1,004 square feet with a separate first floor entrance. There are two bedrooms, a Jack-and-Jill style bathroom, kitchen, and large living/dining area. In addition, there are two balconies, one overlooks Government St. and the other faces the more private alleyway behind the building. Rental income and lease information is available upon request. Downtown Pensacola is thriving! Restaurants, retail and office buildings are within easy walking and biking distance. Be a part of the transformation that is happening to this great city! Please do not disturb the tenants. Their business requires privacy for their clients. Showings are by appointment only.
  • Price:
  • $485,000
  • Bedrooms:
  • 2
  • Full Baths:
  • 1
  • Half Baths:
  • 3
  • Square Footage:
  • 1,928
  • Acreage:
  • 0.05
  • Year Built:
  • 1988
  • Listing ID #:
  • 550230
  • Street Address:
  • 605 E Government St
  • City:
  • Pensacola
  • State:
  • Florida
  • Postal Code:
  • 32502
  • County:
  • Escambia
  • Subdivision:
  • Crown Cove
  • Listing Status:
  • Active
  • Construction Description:
  • Frame
  • Construction Status:
  • Resale
  • Flooring:
  • Wood Laminate
  • Stories:
  • 2 Story
  • Style:
  • Cottage, Traditional
  • Total Building Square Footage:
  • 1928
  • Type Of Roof:
  • Architectural Shingle
  • Year Built:
  • 1988
  • Lot Description:
  • Paved Road, Waterview
  • Dining Room:
  • Living/Dining Combo
  • Parking Description:
  • Drive Only, Front Entrance, Rear Entrance, Street Only
  • Cooling System:
  • 2+ Units, Air/Air Htpmp, Central Electric
  • Energy Description:
  • Ceiling Fans, Double Pane
  • Heating:
  • 2+ Units, Central Electric
  • Water/Sewage:
  • Public Sewer, Public Water
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Coldwell Banker Commercial Nrt
  • PCOLA
  • Schools information provided by ATTOM

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