1900 T StPensacola, FL 32505

This exceptional redevelopment opportunity encompasses a two-acre parcel in Pensacola, Florida, zoned for Heavy Commercial/Light Industrial use. The property boasts two single-story buildings totaling 18,346 square feet, currently 100% occupied with existing tenants. Located at 1900 N T St, Pensacola, FL 32505, this prime location offers less than a ten-minute commute to downtown Pensacola. The flexible zoning allows for a wide range of development possibilities, including expansion of existing structures, renovation, or complete redevelopment, catering to diverse business needs. The existing buildings provide immediate rental income while plans for future development are considered. The substantial lot size presents ample space for expansion or the construction of new buildings, maximizing the property's potential. This is an ideal investment for developers seeking a high-return opportunity in a rapidly growing area. The asking price for this unique property is $895,000. The property's Class D designation reflects its current condition, presenting a significant opportunity for value enhancement through strategic improvements or redevelopment. This is a rare chance to acquire a substantial commercial property with significant upside potential in a desirable location.