1203 W Cervantes, Pensacola, FL 32503

Property Description

PRICE IMPROVEMENT — NOW OFFERED AT $129,999! Motivated Seller! Seize this outstanding opportunity to own a highly visible C-1 commercial corner parcel along W. Cervantes Street—just minutes from Downtown Pensacola, I-110, Baptist Hospital, and major business corridors. This approximately 0.19-acre site offers excellent frontage, existing paved surface, established access points, and exciting redevelopment potential for a professional office, boutique retail, neighborhood service business. Unlike many vacant commercial sites, the property features an existing paved parking surface and established access points, offering potential cost savings and a faster path toward redevelopment. An outstanding feature of this property is its configuration and frontage, which may lend itself to redevelopment as two separate commercial lots, subject to buyer verification with the City of Pensacola regarding subdivision, zoning, and development requirements. This creates added flexibility for investors, developers, or owner-users seeking multiple income opportunities or phased development. Ideal for a variety of commercial uses, including: - Professional or medical offices - Boutique retail - Restaurant or café - Coffee shop or drive-thru concept - Financial or insurance services - Mixed commercial development - Build-to-suit investment opportunities Whether you’re expanding your portfolio, developing for resale, or constructing your own business location, 1203 W. Cervantes Street offers a rare opportunity to secure a highly visible commercial site with flexible redevelopment potential in one of Pensacola’s most active growth corridors. Buyer to verify all zoning, subdivision, and intended use requirements with the appropriate governmental authorities.