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24 W Chase St
Pensacola, FL 32502
Office Property For Sale
EXECUTIVE SUMMARY
This beautifully maintained ±10,552 SF building features three office suites, all of which have been recently updated in 2024 and are currently under lease to established professional firms.
Investment Highlights
Stabilized, Income-Producing Asset – Fully leased to three strong tenants with multi-year terms in place.
Long-Term Anchor Tenant – Suite 200 is occupied by a well-established commercial real estate firm that has just renewed for a new 5-year term.
Updated Professional Offices – Suites 201 and 202 were fully renovated in 2024 with modern finishes and layouts.
Diversified Tenant Mix –
Suite 200: Commercial real estate firm (5-year renewal)
Suite 202: Regional law firm (5-year lease with options)
Suite 201: Law Office of Dennis Green (term in place)
Turnkey Investment – Minimal capital expenditure required. All major systems and interiors are in excellent condition.
Prime Downtown Location – Walkable to Pensacola’s courthouse, government offices, dining, and waterfront.
Property Features
±10,552 SF 2-story office building
Modern interior design: high ceilings, exposed beams, luxury finishes
Private on-site parking
Elevator access to second floor
Zoned for professional office use
Excellent visibility and accessibility
Investment Highlights
Stabilized, Income-Producing Asset – Fully leased to three strong tenants with multi-year terms in place.
Long-Term Anchor Tenant – Suite 200 is occupied by a well-established commercial real estate firm that has just renewed for a new 5-year term.
Updated Professional Offices – Suites 201 and 202 were fully renovated in 2024 with modern finishes and layouts.
Diversified Tenant Mix –
Suite 200: Commercial real estate firm (5-year renewal)
Suite 202: Regional law firm (5-year lease with options)
Suite 201: Law Office of Dennis Green (term in place)
Turnkey Investment – Minimal capital expenditure required. All major systems and interiors are in excellent condition.
Prime Downtown Location – Walkable to Pensacola’s courthouse, government offices, dining, and waterfront.
Property Features
±10,552 SF 2-story office building
Modern interior design: high ceilings, exposed beams, luxury finishes
Private on-site parking
Elevator access to second floor
Zoned for professional office use
Excellent visibility and accessibility
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
10,642 SF
Building Class
A
Year Built/Renovated
1950/2024
Price
$2,065,335 CAD
Price Per SF
$194.07 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,321 SF
Slab To Slab
10’
Building FAR
0.53
Lot Size
0.46 AC
Zoning
C2A
Parking
49 Spaces (4.6 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 00-0S-00-9007-020-037 | Improvements Assessment | $7,773 CAD |
| Land Assessment | $224,048 CAD | Total Assessment | $231,820 CAD |
PROPERTY TAXES
Parcel Number
00-0S-00-9007-020-037
Land Assessment
$224,048 CAD
Improvements Assessment
$7,773 CAD
Total Assessment
$231,820 CAD
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