www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34065520
34065521

1940 Saint Mary Avenue, Pensacola, FL 32501

TT
FL 3309404
NAI Pensacola
Listed by NAI Pensacola
$699,000
1 day on market
Updated 1 day ago
Opportunity zone

1940 Saint Mary Avenue

Details
Property Type Retail, Office
Sub Type Traditional Office, Medical Office
Square Footage 3,312
Class B
Year Built 1993
Year Renovated 2000
Buildings 1
Acreage 0.510
Zoning HCLI
Parking Spaces 16 spaces
Parking per 1,000 SqFt 4.83
Investment Type Owner/User
Ground Lease No

Turn-Key Two-Story Professional Building

Marketing description

Located in the heart of Pensacola, 1940 St. Mary Avenue offers a well-maintained, two-story professional office building with a functional layout suited for a wide range of office-based users. Currently configured as a law office, the property is well positioned for legal, accounting, insurance, financial services, consulting, administrative, medical-office support, or other professional business uses.

The first floor features a welcoming reception area, dedicated copy/work room, four private offices, and three restrooms, creating an efficient environment for both client-facing and daily operational needs. The second floor includes an additional conference room, two private offices, a large open cubicle/workspace area ideal for administrative or support staff, and one restroom.

The flexible floor plan provides a strong balance of private offices, collaborative work areas, meeting space, and support functions, making the property well suited for an owner-user or investor seeking a turnkey professional office asset. With attractive monument signage, on-site parking, and a highly professional appearance, 1940 St. Mary Avenue presents an outstanding opportunity for a business seeking a polished and established Pensacola presence.

The property features a classic Southern traditional / Creole-inspired office exterior with brick construction, dormer windows, a metal roof, columned front porch, mature oak trees, and attractive landscaping that creates a shaded, park-like setting.

Investment highlights

Professional Setting with Long-Term Flexibility

Notable features include:

  • Well-Maintained Asset with Capital Improvements
  • Future Expansion Potential
  • Metal roof installed in 2018
  • Generac generator (negotiable)
  • Two HVAC units, 2016 and 2025
  • New mini-split system
  • Attractive monument signage
  • Brick two-story exterior with dormers
  • Columned front porch
  • Mature oak trees and landscaped grounds
  • 16 on-site parking spaces

With a generous 0.517-acre site and the existing building positioned to one side of the lot, the property appears to offer ample room for potential future expansion. A new owner may have the ability to add an additional building of approximately 3,000 SF, subject to all applicable zoning, setback, parking, stormwater, engineering, permitting, and code requirements

Notable features include:

Listing Contacts

TT
FL 3309404
NAI Pensacola
Listed by NAI Pensacola

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
HC/LI MixedMixed UseHeavy Commercial And Light Industrial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 52 uses
View all 52 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Margarette Johnson
License
SL3533745
Brokerage Phone
8504330577
Brokerage Address
24 West Garden Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591