Your email has been sent.
26 S Palafox St 1,726 - 5,526 SF of Retail Space Available in Pensacola, FL 32502
Highlights
- Prominent Palafox Street location in Downtown Pensacola’s vibrant core.
- Existing display cases and secure bank-style vault provide adaptable infrastructure.
- Surrounded by new apartments, hotel developments, and walkable amenities.
- Flexible multi-level space with showroom, offices, and operational areas.
- Secondary entrance near Jefferson Street parking garage plus rear alley access.
- Located along Palafox Street’s recently completed $10M improvement project.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,800 SF | Negotiable | $49.49 CAD/SF/YR $4.12 CAD/SF/MO $188,055 CAD/YR $15,671 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 1,726 SF | Negotiable | $49.49 CAD/SF/YR $4.12 CAD/SF/MO $85,417 CAD/YR $7,118 CAD/MO | Triple Net (NNN) |
1st Floor
This property presents a rare opportunity to lease a highly functional, multi-level commercial space in the heart of Downtown Pensacola. Long occupied by Jeweler’s Trade Shop since 1980, the location benefits from strong recognition and visibility on one of Palafox Street’s most active blocks. As Jeweler’s Trade Shop moves into its new building on Garden Street, this space becomes available for the next concept to capitalize on its proven downtown location. The layout features a large front showroom with strong street presence, creating an exceptional environment for retail, showroom, or customer-facing uses. Existing display cases and a secure, bank-style vault remain in place, offering flexible infrastructure adaptable to diverse operational needs. Behind the showroom, the property offers a secondary entrance next to Jefferson Street parking garage, additional office areas, workspace, kitchenette, and two restrooms. A curved staircase leads to the second level, which includes additional work areas, a private office, and a large open space, complemented by rear alley access for convenience. With approximately 5,526 SF across two levels, the space can accommodate retail, home goods, gallery, wellness, or boutique food and beverage operators seeking a flagship presence in Downtown Pensacola. Available in Q4 2026, tenants will benefit from Palafox Street’s $10M streetscape improvement project and ongoing downtown residential and hospitality growth, including new luxury apartments and multiple hotel developments. Jewelry retail uses will not be permitted. All showings must be arranged through the listing broker, and the current tenant must not be disturbed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,526 SF of adjacent space
- Flexible multi-level space
- Existing display cases and secure bank-style vault
- Secondary entrance near Jefferson Street
- Prominent Palafox Street location
2nd Floor
This property presents a rare opportunity to lease a highly functional, multi-level commercial space in the heart of Downtown Pensacola. Long occupied by Jeweler’s Trade Shop since 1980, the location benefits from strong recognition and visibility on one of Palafox Street’s most active blocks. As Jeweler’s Trade Shop moves into its new building on Garden Street, this space becomes available for the next concept to capitalize on its proven downtown location. The layout features a large front showroom with strong street presence, creating an exceptional environment for retail, showroom, or customer-facing uses. Existing display cases and a secure, bank-style vault remain in place, offering flexible infrastructure adaptable to diverse operational needs. Behind the showroom, the property offers a secondary entrance next to Jefferson Street parking garage, additional office areas, workspace, kitchenette, and two restrooms. A curved staircase leads to the second level, which includes additional work areas, a private office, and a large open space, complemented by rear alley access for convenience. With approximately 5,526 SF across two levels, the space can accommodate retail, home goods, gallery, wellness, or boutique food and beverage operators seeking a flagship presence in Downtown Pensacola. Available in Q4 2026, tenants will benefit from Palafox Street’s $10M streetscape improvement project and ongoing downtown residential and hospitality growth, including new luxury apartments and multiple hotel developments. Jewelry retail uses will not be permitted. All showings must be arranged through the listing broker, and the current tenant must not be disturbed.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,526 SF of adjacent space
- Flexible multi-level space
- Existing display cases and secure bank-style vault
- Secondary entrance near Jefferson Street
- Prominent Palafox Street location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 26 S Palafox St, Pensacola, FL 32502
- Tenant
- Description
- US Locations
- Reach
- Jewelers Trade Shop
- Jewelry/Watches
- 1
- -
| Tenant | Description | US Locations | Reach |
| Jewelers Trade Shop | Jewelry/Watches | 1 | - |
Property Facts
| Total Space Available | 5,526 SF | Gross Leasable Area | 5,526 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2006 |
| Property Subtype | Storefront | Parking Ratio | 0.28/1,000 SF |
| Total Space Available | 5,526 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,526 SF |
| Year Built/Renovated | 1900/2006 |
| Parking Ratio | 0.28/1,000 SF |
Features and Amenities
- Signage
- Balcony
Nearby Major Retailers
Presented by
26 S Palafox St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.