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815 Palafox Street
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PRICED AT ONLY: $9,700,000

Address: 815 Palafox Street, Pensacola, FL 32502

Description

The Phillips Portfolio represents a once in a generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 42 high value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income producing, in process development parcels and greenfield land opportunities. The Phillips Portfolio offers above market return opportunities across the immediate, medium, and long term investment horizons. Inquire with Listing Agents for full portfolio information. Located along the waterfront in the center of Downtown Pensacola's entertainment and business district, the Palafox Icehouse presents a rare and dynamic investment opportunity. With three stories and waterfront views, this iconic property blends rich industrial character with prime positioning along one of the city's most sought after corridors, surrounded by a vibrant mix of restaurants, retail, entertainment, and residential developments. Currently leased to two long term finance and legal tenants with over 15 years of occupancy, with approximately 36 months remaining on existing leases. It is available for sale individually or as part of a portfolio.
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  • MLS#: 780409 ( CommercialSale )
  • Street Address: 815 Palafox Street
  • Viewed: 124
  • Price: $9,700,000
  • Price sqft: $447
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1999
  • Bldg sqft: 21720
  • Days On Market: 98
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Other
  • Middle School: Bailey
  • School Elementary: Hellen Caro
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Legal Description: LEASED TO PALAFOX ICEHOUSE PARTNERS BEG AT NW COR OF LT 1 BLK 34 WATERFRONT S 10 DEG 34 MIN 11 SEC E ALG WLY LI OF BLK 34 & EXTEN THEREOF 257 FT N 78 DEG 25 MIN 49 SEC E 8 12/100 FT N 79 DEG 23 MIN 15 SEC E 117 FT S 10 DEG 36 MIN 48 SEC E 642 43/100 FT N 79 DEG 29 MIN 51 SEC E 78 49/100 FT FOR POB CONT N 79 DEG 29 MIN 51 SEC E 212 FT S 10 DEG 37 MIN 31 SEC E 520 29/100 FT S 79 DEG 29 MIN 22 SEC W
  • Levels: ThreeOrMore
  • Area Major: 13 - Escambia County
  • Occupant Type: Occupied
  • Parcel Number: 00-0S-0091-0005-0050
  • Possible Use: Commercial
  • The Range: 0.00
  • Views: 124

Contact Info

  1. Broker IDX Sites Inc.
  2. A Winning Team
Broker IDX Billing System