1203 Jackson StPensacola, FL 32501

This exceptional 2,700 square foot property located at 1203 W Jackson Street, Pensacola, Florida, presents a unique investment opportunity. Built in 1920, this historic building sits on an expansive 11,325.6 square foot lot and is zoned R-NC (Residential/Neighborhood Commercial). Its prime location in a rapidly growing area near downtown Pensacola offers significant potential for a variety of businesses. The property is eligible for grant money through the Commercial Property Improvement Program, assisting with building rehabilitation. This presents a substantial advantage for potential buyers looking to restore this charming structure. Beyond commercial use, the zoning allows for subdivision into three lots, enabling the construction of three single-family dwellings. This flexibility provides diverse development options, catering to various investment strategies. The asking price is $399,000. This property offers a blend of historical charm and modern development potential, making it an attractive proposition for discerning investors. The property's size and location make it an ideal candidate for adaptive reuse or redevelopment. Don't miss this chance to acquire a piece of Pensacola's history and capitalize on its vibrant growth.